Supriya Lifescience Shares To List On Bourses Tomorrow
NDTV
Supriya Lifescience, manufacturer of active pharmaceutical ingredients' shares will list on the bourses tomorrow on Tuesday, December 28
Supriya Lifescience, manufacturer of active pharmaceutical ingredients' shares will list on the bourses tomorrow on Tuesday, December 28. The company's shares will list both on the national stock exchange (NSE) and Bombay stock exchange (BSE).
Experts are expected a healthy listing owing to the company's sound financials, growth potential in the pharma industry and a good response by investors to its initial public offer (IPO).
Supriya Lifescience's IPO was subscribed 71.51 times during December 16-20.
The allotted quota of non-institutional investors was subscribed 161.22 times, followed by retail investors' 56.01 times. Qualified institutional buyers also showed strong interest in the public issue, as the portion set aside for them was subscribed 31.83 times.
