Innova Captab has debuted at Rs 456.10 on the BSE, up by 8.10 points or 1.80% from its issue price of Rs 448.
The scrip is currently trading at Rs 540.00, up by 92.00 points or 20.54% from its issue price. It has touched a high and low of Rs 541.00 and Rs 452.00 respectively. So far 11.05 lakh shares were traded on the counter.
The offering, which was open for subscription between December 21, 2023 and December 26, 2023 was subscribed 55.26 times. The issue price was fixed at Rs 448 per share i.e. at upper end of price band of Rs 426-448 apiece.
Innova Captab is an integrated pharmaceutical company in India with a presence across the pharmaceuticals value chain including research and development, manufacturing, drug distribution and marketing and exports.
