The share of Dharmaj Crop Guard, a company in the agro-chemical sector, got listed on the stock market on Thursday. The company’s stock was listed at a premium of 12 percent. Know how much a common investor earned in a single day.
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Share of Dharmaj Crop Guard, a company working in the agro-chemical sector (Dharmaj Crop Guard Share List) Listed on Thursday. The company’s stock was listed at a 12 percent premium to its IPO price. The IPO price of Dharmaj Crop Guard’s share was Rs.237. Whereas at the end of trading on Thursday, the company’s stock rose by 12.26 percent to Rs 266.
National Stock Exchange (NSE) But the company’s stock climbed 12.66 percent to close at Rs 267. while BSE (BSE) But the company’s stock made its debut at Rs 266 with a gain of 12.44 per cent. It finally closed at Rs 266.40.
Price went up to Rs 279 in a day
During the trading in the stock market on Thursday, the share price of the company went up to a high of Rs 279. While it touched a level of Rs 279 on the NSE, it reached a high of Rs 278.90 on the BSE. According to BSE data, the mcap of the company stood at Rs 900.36 crore at the end of the business.
Company’s IPO was a hit
Dharmaj Crop Guard IPO subscribed 35.49 times in the last day (Dharmaj Crop Guard Subscription) it was done. The company had set a target of raising Rs 251.14 crore from the IPO. For this, 80,12,990 shares were issued. While the company had received bids for a total of 28,43,51,820 shares. At the same time, the company raised Rs 74.95 crore from anchor investors.
Share price range for this IPO (Dharmaj Crop Guard IPO Price Range) 216-237 was kept at Rs. The company operates in Business 2 Customer as well as Business 2 Business segment.
Common investor earned so much
The lot size of Dharmaj Crop Guard IPO was 60 shares. In this case, if an investor would have invested in one lot at the rate of Rs 237, then he would have to spend Rs 14,220. On the other hand, if he had sold this share at the rate of 279 during the day’s trading, he would have got Rs 16,740. While according to the closing price of the share i.e. Rs 267, Rs 16,020 would have come to his account.
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