Claris Lifesciences closes listing day with a discount of 9.7% on the Issue Price - Indian IPO Blog

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Monday, December 20, 2010

Claris Lifesciences closes listing day with a discount of 9.7% on the Issue Price

Claris Lifesciences Ltd., which listed its shares on BSE from today, opened at Rs.224.40 as against an Issue Price of Rs.228/- per share, at a discount of about 1.6% on the Issue Price. The share touched an Intra-day High of Rs.227.90 and an Intra-day Low of Rs.198.10 before closing at Rs.205.85 on the BSE

Claris is an Indian sterile injectables pharmaceutical company with a presence in 76 countries worldwide. Claris Lifesciences IPO was earlier extended and price band revised, consequent to which the IPO was subscribed 1.50 times on an overall basis

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