India Pesticides Limited (IPL), a R&D driven one of the fastest growing agro-chemicals company and manufacturer of Technicals and APIs; listed on the NSE at Rs. 350, at 18.24% higher over its issue price.

The scrip got listed at BSE at Rs. 360 per share, a 21.62% per cent raise over its issue price of Rs 296. The shares of the company at day end closed at Rs. 343.15 per share on BSE and Rs. 342.30 per share on NSE. The initial public offering was offered at a lower price band of Rs 290 per share and higher price band of Rs 296.

As per BSE, the total quantity traded stood at 21.21 lakh shares with a delivery quantity percentage of 41.95%. Quantity traded and delivery percentage at NSE was approx. 2.38 crore shares and 45.27% respectively. Total Turnover on Day 1 stood at Rs 980.62 crore.

The market capitalization of the company post yesterday's closing price stood at Rs. 3,951.84 crore as per BSE and Rs. 3,942.05 crore as per NSE.

The total size of the offer was Rs. 800 crores at the upper price band of Rs. 296 per share and the issue was opened from March 23 to 25, 2021.