 "IPO, Initial Public Offer")
Galaxy Surfactants ended at Rs 1,698, up 14% against its issue price of Rs 1,480 after making a quiet debut on the bourses.
The stock opened 3% higher at Rs 1,520 on BSE and at Rs 1,525 on the National Stock Exchange (NSE).
The Rs 9,370 million initial public offer (IPO) of speciality chemicals manufacturer Galaxy Surfactants received strong response and subscribed 20 times, the BSE data shows.
The portion of shares reserved for qualified institutional buyers was subscribed 54.27 times, while that set aside for non-institutional and retail investors was subscribed 6.96 times and 6 times,
The stock opened 3% higher at Rs 1,520 on BSE and at Rs 1,525 on the National Stock Exchange (NSE).
The Rs 9,370 million initial public offer (IPO) of speciality chemicals manufacturer Galaxy Surfactants received strong response and subscribed 20 times, the BSE data shows.
The portion of shares reserved for qualified institutional buyers was subscribed 54.27 times, while that set aside for non-institutional and retail investors was subscribed 6.96 times and 6 times,
