INSUBCONTINENT EXCLUSIVE:
Supriya Lifescience's shares will list on the bourses on December 28Supriya Lifescience, manufacturer of active pharmaceutical
ingredients' shares will list on the bourses tomorrow on Tuesday, December 28
The company's shares will list both on the national stock exchange (NSE) and Bombay stock exchange (BSE).Experts are expected a healthy
listing owing to the company's sound financials, growth potential in the pharma industry and a good response by investors to its initial
public offer (IPO).Supriya Lifescience's IPO was subscribed 71.51 times during December 16-20.The allotted quota of non-institutional
investors was subscribed 161.22 times, followed by retail investors' 56.01 times
Qualified institutional buyers also showed strong interest in the public issue, as the portion set aside for them was subscribed 31.83
of Rs 500 crore by promoter Satish Waman Wagh.Surpriya Lifescience is one of the leading manufacturers and suppliers of APIs with a niche