Sunday 31 July 2016

Advanced Enzyme shares make robust debut on bourses; lists at premium of 35%

Advanced Enzyme shares made a robust debut on BSE and NSE on Monday and listed at a premium of 35 per cent at Rs 1,210 against the issue price of Rs 896.


Advanced Enzyme shares made a robust debut on BSE and NSE on Monday and listed at a premium of 35 per cent at Rs 1,210 against the issue price of Rs 896. The public offer of the company had received overwhelming response from investors as it was oversubscribed by 116.91 times. The issue was open for subscription from July 20 to July 22.

At 10.02 am, shares of the company were trading at Rs 1218.90 on NSE and 1232.60 on BSE. Vasant Laxminarayan Rathi and Chandrakant Laxminarayan Rathi are the promoters of the company. They have a total experience of more than 70 years in the enzyme industry.

 
http://www.onlinenewspaper.co.in/2016/08/advanced-enzyme-shares-make-robust-debut-bourses-lists-premium-35/
#BSE_SENSEX, #NSE_Nifty

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