Advanced Enzyme IPO Listing Details

By Jagat Joshi
July 30, 2016
4:50 pm
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By Jagat Joshi
July 30, 2016

Advanced Enzyme IPO will have good listing gains. As the Advanced Enzyme grey market is on a higher side. Investors are very hopeful for listing gain. Advanced Enzyme grey market is stable at Rs. 320 to 340. Its been another bumper listing for the retailers. It was subscribed heavily in QIB, NII and Retail. In retail it was subscribed 11times.

As per the market analyst Advanced Enzyme can list around Rs. 1200 -1250. As the grey market players were more active in this people can expect the same. The 30-40% gain should be there on listing day. Investors who want to stay long can have the stock in their portfolio. As the market sentiment is negative short term investors should sell on listing. This listing will give more strength to investors to invest in primary market.

Advanced Enzyme IPO Listing Date, Listing Price, BSE Code, NSE Code, ISIN Number & Other Details are given below:

BSE Code: 540025
NSE Code: ADVENZYMES
Group: B
ISIN: INE837H01012
Offer Price: 896
Listing Date: Monday, August 1, 2016

BSE Listing Price:
Listing Price: 1210.00
High: 1242.75
Low: 1168.55
Close: 1178.30

NSE Listing Price:
Listing Price: 1210.00
High: 1244.00
Low: 1168.00
Close: 1178.10

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.