Antenhem biosciences iPO: The IPO of Anthem Biosciences Limited was listed in the stock market today. The company’s stock closed over 28 percent against the Rs 570 issue price on Monday. The company’s stock started trading at the price of Rs 723.10 with a gain of 26.85 percent from its issue price on BSE. Today during business, it rose 31 percent to Rs 746.70. However, in the end, the company’s share closed at Rs 730.35 with a gain of 28.13 percent from the issue price and 1.00 percent from the listing price.
IPO of Anthem Biosciences opened on July 14
The company’s stock also gained 26.85 percent to Rs 723.05 on NSE and finally closes at Rs 730.35 with a gain of 28.13 percent. On the first day of the listing, the company’s market cap was recorded at Rs 41,017.19 crore. At the level of the volume, 39.86 lakh shares of Anthem Biosciences on BSE and 410.14 lakh shares on NSE. Let us tell you that the IPO of Anthem Biosciences Limited was opened on 14 July and closed on 16 July.
The company’s IPO got 63.86 times subscription
Anthem Biosciences Limited had fixed a price band of Rs 540 to Rs 570 for shares with face value of Rs 2 for its IPO. However, the company offered a discount of Rs 50 on each stock for its employees. The company’s IPOs received bumper support from investors. This IPO received a total subscription of 63.86 times. Anthem Biosciences have raised a total of Rs 3395 crore from this IPO. This IPO was completely OFS based. The shares were allotted on July 17 after the IPO shutdown on 16 July.
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