Indian Emulsifier SME IPO opens at 225% premium

Indian Emulsifier IPO on 22nd May opened at 430 at a 225% premium. The issue was priced at Rs. 125 to Rs. 132.

About listing gain

The IPO size was Rs. 42.39 cr with a lot of 32.11 lakh equity shares. The lot size was 1000 equity shares per lot.

IPO details 

The IPO was open from 13th May to 17th May for investors, while the allotment date was 16th May. 

IPO Dates

The stock reached a high of Rs. 451.50 from its issue price. Around 12 noon AM, it was trading in a range of around Rs. 450 per share.

Share price hike

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