Laurus Labs lists at 14% premium

The company entered the primary market via initial public offering that ended on December 8, 2016. 

Laurus Labs lists at 14% premium
It raised Rs 300 crore from the issue which got subscribed nearly 4.54 times. Photo: Official Website

Laurus Labs got listed on BSE and NSE on Monday and saw a 14% rise in its share price from the issue price of Rs 428 per share. 

At 10.03 am, the stocks of Laurus Lab were trading at Rs 476.10 per share, down by Rs 13.90 or 3%. 

The company entered the primary market via initial public offering that ended on December 8, 2016. 

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

Written By: ZeeBiz WebTeam
Updated: Mon, Dec 19, 2016
02:29 pm
Mumbai, ZeeBiz WebDesk