Key Highlights
- This means that the IPO allottees made a 10% listing gain on the Neochem Bio Solutions IPO debut.
- The SME stock gained nearly 2.96% to ₹111.20 apiece, immediately after listing.
- Ahead of listing, the shares of Neochem Bio Solutions IPO were trading at a premium of ₹2 at the grey market, as per investorgain.
- The ₹44.97 crore book-built issue, comprising entirely a fresh issue of 45.88 lakh shares, opened on December 2 and closed on December 4.
- Allotments were finalized on December 5, with shares scheduled to be credited to demat accounts on December 8.
