Clean Science and Technology share worth: Shares of Clean Science and Technology made a stellar debut on the inventory exchanges at present itemizing over 98 per cent increased than their problem worth.
The scrip obtained listed at Rs 1,784.40 apiece on the BSE, thereby registering a acquire of 98.27 per cent from its provide worth of Rs 900. On the National Stock Exchange (NSE), it opened at Rs 1,755.00, up 95 per cent from the difficulty worth.
However, the inventory failed to carry on to its opening positive factors and slowly gave up a few of its intial momentum and touched an intraday low of Rs 1,555.05 on NSE and BSE to date within the day.
At 10:35 am, the scrip was buying and selling at Rs 1,601.85 on the BSE, up 77.98 per cent from the difficulty worth whereas on NSE it was at Rs 1,613.05.
Over 89 lakh shares of Clean Science and Technology have been traded on the NSE through the first 40 minutes of commerce, whereas over 8.32 lakh shares exchanged fingers on the BSE, information from the respective inventory exchanges confirmed.
The Rs 1,546.6 crore IPO of Clean Science and Technology met a sturdy demand throughout its provide interval from July 7-9. The problem was oversubscribed by a whopping 93.41 occasions.
The Pune-based firm is into the specialty chemical phase. It manufactures functionally important specialty chemical compounds reminiscent of efficiency chemical compounds, pharmaceutical intermediates and FMCG chemical compounds.