Valiant Laboratories Share Price Opens At 15.8% Premium At ₹162.15 On NSE

Here we are sharing a piece of big news with you that Valiant Laboratories share worth listed on Friday the bourses at a premium. On the NSE, Valiant Laboratories share cost today was listed at 162.15 per share, 15.8% more elevated than the issue price of 140, and on the BSE, Valiant Laboratories’ stake price was listed at 161 per share. Since the news has come on the internet and it went viral on the social media platforms. Now people are very curious to know about whole information about the news. Here we have more information about the news and we will share it with you in this article.

Valiant Laboratories

On Wednesday, 27 September 2023 Valiant Laboratories IPO opened for subscription and locked on Tuesday, 3 October 2023. The company fixed the cost band at 133 to 140 per equity share for the initial public offer. Valiant Laboratories IPO accumulated not over 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), smaller than 15% for Non-Institutional Investors (NII), and not less than 35% of the offer was stocked for Retail Investors. You are on the right page for more information about the news, so please read the complete article.

Valiant Laboratories IPO details

Valiant IPO costs 152.46 crores, and is completely the latest issue of 10,890,000 equity shares; there is no offer for sale (OFS) segment. The organization plans to use net profits from the offering to support its objectives as follows: an investment in Valiant Advanced Science Private Limited (VASPL) an entirely owned subsidiary, to partially fund its money price needs in association with the organization of a manufacturing building for specialty chemicals at Saykha Industrial Area, Bharuch, Bharuch Gujarat an investment in VASPL to support its working capital requirements and to meet the prevailing corporate goal. You are on the right page for more information about the news, so please read the complete article.

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Valiant Laboratories IPO GMP today

Valiant IPO GMP today or grey market premium is +20 similar to the last trading session. This indicated that the shares of Valiant IPO GMP today are trading at a premium of  20 in the grey market on Friday. Regarding the upper of the Valiant IPO cost band and the current premium in the grey market, the assessed listing price of Valiant share price was 160 apiece, which is 14.29% more increased than the Valiant IPO issue price of 140. Here we have shared all the information that we had. Stay tuned to us for more updates.

Gurleen Kaur

I'm a science graduate from the Ahmadu Bello University, Nigeria. My passion for writing has brought me to into the field of content.