Indegene IPO listing highlights: Strong debut! Shares list at premium of 46% over issue price - Check stop loss by Anil Singhvi
Indegene IPO listing highlights, Indegene Share Price NSE, BSE: Shares of Indegene IPO list at a premium of around 46 per cent over its issue price of Rs 452. Earlier, the IPO got subscribed 69.71 times on the closing day of bidding on Wednesday.
Ahead of the IPO, the company raised Rs 549 crore from anchor investors. Zee Business Managing Editor Anil Singhvi had recommended investors to apply in Indegene IPO for big listing gain.
Follow Zee Business Blog for all the latest updates on Indegene share listing on NSE, BSE:
Indegene IPO listing highlights, Indegene Share Price NSE, BSE: Shares of Indegene IPO list at a premium of around 46 per cent over its issue price of Rs 452. Earlier, the IPO got subscribed 69.71 times on the closing day of bidding on Wednesday.
Ahead of the IPO, the company raised Rs 549 crore from anchor investors. Zee Business Managing Editor Anil Singhvi had recommended investors to apply in Indegene IPO for big listing gain.
Follow Zee Business Blog for all the latest updates on Indegene share listing on NSE, BSE:
Latest Updates
Indegene IPO listing LIVE updates, Indegene Share Price NSE, BSE: Check stop loss by Anil Singhvi
According to Zee Business Managing Editor Anil Singhvi, short-term investors can put a stop loss of Rs 600. However, he suggested that people can buy the shares with a long-term view if they come below Rs 600.
Indegene IPO listing LIVE updates, Indegene Share Price NSE, BSE: Price settles at 45.95% premium over issue price on BSE in pre-open market
In the pre-opening session, Indegene IPO shares settled at Rs 659.70 on the BSE, a premium of 44.91 per cent over the issue price of Rs 452.
Indegene IPO listing LIVE updates, Indegene Share Price NSE, BSE: Price settles at 44.91% premium over issue price in pre-open market
In the pre-opening session, Indegene IPO shares settled at Rs 655 on the NSE, a premium of 44.91 per cent over the issue price of Rs 452.
Indegene IPO listing LIVE updates, Indegene Share Price NSE, BSE: What does the company do?
Founded in 1998, Indegene offers solutions that help enable biopharmaceutical, emerging biotech and medical devices companies to develop products, launch them in the market, and drive sales throughout their life cycle.
Indegene IPO listing LIVE updates, Indegene Share Price NSE, BSE: IPO comprises fresh issue of equity shares worth up to Rs 760 crore
The public issue of the company comprises a fresh issue of equity shares worth up to Rs 760 crore and an Offer For Sale (OFS) of up to 2.34 crore equity shares aggregating Rs 1,082 crore. This takes the total IPO size to 1,842 crore.