This newly listed IPO surges nearly 40% in 16 sessions; do you own it?
The share price of FMCG company has risen to ₹415 from ₹300 since its listing on the domestic exchanges on November 16.
The share price of FMCG company has risen to ₹415 from ₹300 since its listing on the domestic exchanges on November 16.
The IPO of both companies received strong demand from qualified institutional buyers, but a relatively muted response from high networth individuals (HNIs) and retail investors.
Archean Chemical Industries is the fifth company, after DCX Systems, Fusion Micro Finance, Global Health (Medanta), and Bikaji Foods, to launch IPO this month.