Technichem Organics shares listing with four% top class on BSE SME
Technichem Organics stocks indexed with a top rate of four percent on the BSE SME platform on january 7 after over four hundred times subscription to its Rs 25 crore difficulty.
Technichem Organics shares indexed at Rs 57.25 consistent with proportion at the BSE, a top class of four.09 percent from its IPO charge. The Rs 25.25 crore IPO had a price band of Rs 52-55 according to proportion with plenty length of 2,000 stocks.
take a look at All IPO information right here
The organization's marketplace valuation post listing of shares on the BSE stood at Rs one hundred and one.33 crore. Technichem Organics is the chemical manufacturing agency.
at the day of list of stocks of the organization on the BSE, the stocks were commanding a GMP of round 31 percent within the unofficial marketplace.
The company has fixed a price band of ₹204-215 for the public offer, where investors can purchase 69 shares in one lot and in multiples thereafter.
Technichem Organics is engaged in the business of manufacturing a wide range of chemicals, specialty chemicals, pigments and dye intermediates, and air oxidation chemistry