Celestial Labs debuts at 25% premium on NSE

The scrip of Hyderabad-based bio-informatics and bio-technology firm Celestial Labs today debuted at Rs 75 on the National Stock Exchange (NSE) - a 25% premium to the offer price of Rs 60.

The scrip touched a high of Rs 105 in morning trades. Around 56 lakh shares have changed hands so far.

The company through its initial public offering (IPO) of 50-lakh shares of Rs 10 each raised Rs 30 crore.

Celestial Labs offers planning solutions, enterprise resources, bio-services such as clinical data management, development of drug molecules, etc.