Analysis and Insights into the world of IPOs and investing in India

Monday, December 20, 2010

Claris Lifesciences lists at a discount

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

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