Claris Lifesciences Limited equity shares IPO (initial public offering) received very low response from all categories of investors and was subscribed just 1.5 times. The price band for the issue was fixed at Rs 228-235.
Claris Lifesciences Limited NSE Code : CLARIS
BSE Scrip code : NA.
Claris Lifesciences Limited IPO Listing Date : December 20, 2010 (Expecting). Shares will be listed on both NSE and BSE stock exchanges.
Claris Lifesciences Limited Expecting Listing Price : Rs: 225 or around issue price. In normal Stock Market conditions technically stock will quote near issue price without premium. Many stock market analysts and leading stock broking firms expecting markets may correct in December 2010. If any correction occurred in markets, Claris IPO will trade below the issue price even listing at higher levels.
Claris Lifesciences Limited IPO Subscription : 1.5 times oversubscribed from both NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) stock exchanges.
Read : Top 100 Stocks to Invest in India - About Nifty - About Sensex - Stock Market Crashes in India.