Shivam Chemicals IPO listing: Shares debut at ₹48 with 9% premium on BSE SME

April 30, 2024

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April 30, 2024 0 comment

Shivam Chemicals IPO share price: The company has made a decent stock market debut today by listing at ₹48 on the Bombay Stock Exchange (BSE) SME. The share price of Shivam Chemicals’ IPO experienced a 9.09% premium over its issue price of ₹44 per share.

48 on the BSE SME platform today.” title=”Shivam Chemicals IPO share price listed at ₹48 on the BSE SME platform today.”>

Shivam Chemicals IPO share price listed at ₹48 on the BSE SME platform today.

The notable part about Shivam Chemicals IPO listing today was that it happened at above what the market estimates had put it. Before the actual listing today, Shivam Chemicals IPO GMP was ₹2 per share, according to a LiveMint report. That suggested shares would list at approximately ₹46 per share and yet, when the debut happened, it shot up to ₹48.

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Aryaman Financial Services served as the book running lead manager for the Shivam Chemicals IPO. Cameo Corporate Services was the IPO registrar.

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Copyright 2024 - All Rights Reserved - Janashakti.News

Shivam Chemicals IPO listing: Shares debut at ₹48 with 9% premium on BSE SME

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