Omkar Speciality Chemicals IPO : Settled at 52.86% discount on debut

by khalid on 12/02/2011 · 0 comments

Omkar Speciality Chemicals Limited shares got debuted at Rs 92.10, a just 6.12% discount over its initial public offering (IPO) price of Rs 98.00 on the National Stock Exchange (NSE). At the end of the day, shares price was Rs 46.15 which is a discount of 52.86% over the issue price of Rs 98.00. The stock hit a high of Rs. 101.00, a premium of 2.32% over an issue price of Rs 98 and low of Rs. 42.05 on the listing day 10th Feb 2011. A total of 25,168,182 shares changed hands on the NSE. Omkar Speciality Chemicals Ltd is mainly engaged in the manufacture and sale of speciality chemicals viz. selenium, compounds, iodine compounds, molybdenum compounds etc. and pharma intermediates viz. Potassium Iodate, Bismuth Ammonium Citrate, Bromoform etc.

Listing day Summary :-
Listing Date: 10th February 2011
BSE Scrip Code : 533317
NSE Symbol : OMKARCHEM
Listing In : ‘B’ Group of Securities
ISIN : INE474L01016
Issue Price : Rs. 98.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

On the NSE:-
Issue Price: Rs. 98.00
Open : 92.10
High : 101.00
Low : 42.05
Close : 46.15
Last Trade : 46.15

Omkar Speciality Chemicals Limited has raised Rs 79.38 crore through an initial public offering of 25,168,182 equity shares.

Stay tuned to BelltheBull Blog for more news on Omkar Speciality Chemicals IPO

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