Jyothy Laboratoriess IPO to list on Dec 19

Jyothy Laboratories IPO is set to make its debut on the bourses on Wednesday, December 19, 2007 . Jyothy Lab’s IPO received good response with subscription of around 45 times. Jyothy Lab’s came out with an initial public offering (IPO) of 4.43 million shares in the price of band of Rs 620 to Rs 690 a share of Rs 5 each.

BSE Script Code for Jyothy Labs IPO is : 532926 and the NSE Symbol is JYOTHYLAB, the company will list in the B1 Group of Securities. Grey Market Premium for the Jyothy Labs IPO is around Rs. 200 so investors can expected around 30 per cent returns on the listing day.

Good luck for all the investors who have received the allotment in Jyothy Labs IPO and hope the listing of Jyothy Laboratories IPO does well