S H Kelkar and Company extends gains

S H Kelkar and Company rose 2.15% to Rs 211.75 at 11:55 IST on BSE, with the stock extending its gains after making a strong debut on the bourses yesterday, 16 November 2015.

Meanwhile, the BSE Sensex was up 31.25 points, or 0.12%, to 25,791.35

On BSE, so far 4.74 lakh shares were traded in the counter

The stock hit high of Rs 213.90 and low of Rs 208.75 so far during the day. The stock had hit a record high of Rs 222.70 yesterday, 16 November 2015. The stock had hit a record low of Rs 199.60 yesterday, 16 November 2015.

The small-cap company has equity capital of Rs 144.62 crore. Face value per share is Rs 10.

Shares of S H Kelkar and Company listed on BSE at Rs 222 yesterday, 16 November 2015, a premium of 23.33% over the issue price of Rs 180. The stock settled at Rs 207.30, a premium of 15.17% over its issue price on its debut on the bourses yesterday, 16 November 2015.

The initial public offering (IPO) of S H Kelkar and Company was subscribed 27.08 times. The IPO remained open between 28 and 30 October 2015. The IPO price band was Rs 173 to Rs 180 per share.

S H Kelkar & Company reported a consolidated net profit of Rs 20.66 crore on total revenue of Rs 223.97 crore in the quarter ended 30 June 2015. The company's consolidated net profit declined 18.61% to Rs 64.38 crore on 11.85% growth in total revenue to Rs 860.33 crore in the year ended 31 March 2015 (FY 2015) over the year ended 31 March 2014 (FY 2014).

S H Kelkar & Company along with its subsidiaries is engaged in the manufacture, supply and exports of fragrances (including aroma ingredients) and flavours.

Powered by Capital Market - Live News