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On NSE, the stock got listed at Rs 350, up 18.24 per cent. Recent debutants Dodla Dairy and Krishna Institute of Medical Science had delivered 42 per cent and 21 per cent returns in debut trade. Analysts were expecting 15-25 per cent listing gains for India Pesticides, given the strong grey market trends. The Rs 800 crore IPO, which was sold from June 23 to 25, was subscribed 29.04 times. The quota reserved for qualified institutional buyers (QIBs) was subscribed 42.95 times while the shares reserved for non-institutional investors (NIIs) were subscribed 51.88 times. The retail quota saw 11.3 times subscription. India Pesticides is the sole Indian manufacturer of five technicals and among the leading manufacturers globally for captan, folpet and thiocarbamate herbicide in terms of production capacity, as per a company press release.

Uttar pradeshAnand rathiPrabhudas lilladherKrishna institute of medical scienceIndia pesticidesDodla dairyKrishna instituteMedical scienceMotilal oswal securitiesAntique stock brokingAngel brokingஉத்தர் பிரதேஷ்ஆனந்த் ரதிபிரபுடச் லில்லாதர்இந்தியா பூச்சிக்கொல்லிகள்டோட்லா பால்