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The Economic Times

Business

Ritesh Presswala

Prasol Chemicals shares list at 10% discount to IPO price on BSE, NSE

Prasol Chemicals GMP

Prasol Chemicals shares made a tepid debut on Wednesday, listing at a discount of around 10% on the bourses. The stock opened at Rs 611 apiece on the BSE, down 9.62% from the issue price of Rs 676. On the NSE, it debuted at Rs 610 apiece, marking a 9.76% discount to the IPO price.

The listing was broadly in line with unlisted-market expectations, which had indicated a debut below the issue price.

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