Bumper listing for India Pesticides after IPO. Check details

Shares of India Pesticides Limited (IPL) made an impressive debut on the stock market after its IPO had received a good response. Here is all you need to know.

India Pesticides Limited had a bumper listing on the stock market after the company’s initial public offering (IPO) received a strong response. Shares of the agrochemical manufacturing company rose to Rs 360 on the Bombay Stock Exchange (BSE) or a 21.62 per cent premium over its issue price of Rs 296. On the NSE, the stock initially listed at Rs 350 per share, but fell marginally to Rs 342.30 at the session’s closing.