Saamya Biotech IPO lists at 75% premium on BSE

Pharma Company Saamya Biotech equity shares were listed today on the Bombay Stock Exchange. The shares of the Saamya Biotech IPO opened with a premium of 75% at Rs 17.50 at the BSE against the issue price of Rs 10.

Saamya Biotech shares touched touched an intra-day high of Rs 24.35, and an intra-day low of Rs 13.85 to close the trade at Rs 15.30. The total volume of shares traded on the BSE was 3,00,98,597.

Saamya Biotech tapped the capital market with a public issue of 15,000,000 equity shares offered at Rs 10 each, aggregating to Rs 150 million. The issue was open between Sep. 25-28, 2007.

Considering today’s markets volatility investors have to agree that Saamya Biotech IPO has done very well, the IPO has fetched them 53% for who have invested in the IPO.
 

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