Shares of life sciences company Tarsons Products on November 26 settled with a premium of nearly 27 percent in its debut trade against the issue price of Rs 662.
The stock listed at Rs 700, a gain of 5.74 percent against the issue price on BSE. It further jumped 26.88 percent to close at Rs 840.
On NSE, it listed with a premium of 3.02 percent at Rs 682. It jumped 23.62 percent to close at Rs 818.40.
In volume terms, 26.30 lakh shares were traded on BSE and over 1.34 crore on NSE.
The initial public offer of Tarsons Products received 77.49 times subscription earlier this month. The Rs 1,023.84-crore IPO had a price range of Rs 635-662 per share.
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Tarsons Products is engaged in designing, developing, manufacturing, and supplying a diverse range of quality labware products used in laboratories across research organisations, academic institutes, pharmaceutical firms, diagnostics companies and hospitals companies and hospitals.