Tarsons Products shares list with 5% premium at Rs 700
Life sciences company Tarsons Products saw a tepid debut on the bourses as the stock was listed with a 5.74 percent premium on November 26. This is the 52nd company to list on the mainboard in 2021.
Tarsons Products stock opened at Rs 700 on the BSE, while the opening price on the National Stock Exchange was Rs 682.
The labware products maker’s maiden public offer had a strong subscription of 77.49 times. Non-institutional investors had bought shares 184.58 times the portion set aside for them and qualified institutional investors put in bids 115.77 times their quota. The portion set aside for retail investors was booked 10.56 times and that of employees was subscribed 1.83 times.
The company mobilised Rs 1,023.47 crore through its public offer that was composed of …
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