India: Anupam Rasayan shares make weak debut on stock exchanges

India: Anupam Rasayan shares make weak debut on stock exchanges

The shares of speciality chemicals company Anupam Rasayan today made a weak debut on exchanges. Its shares were trading at 521 as compared to issue price of 555. Anupam Rasayan had fixed a price band of 553-555 a share for its 760-crore initial share sale, which was open between March 12 and March 16. Its issue was subscribed 44 times.