Shares of life sciences company Tarsons Products on Friday listed with a premium of nearly 6 percent against its issue price of Rs 662.
The stock is listed at Rs 700, a gain of 5.74 percent against the issue price on BSE. It further jumped 22.05 percent to Rs 808.
On NSE, it is listed with a premium of 3.02 percent at Rs 682.
The initial public offer of Tarsons Products Limited received 77.49 times subscription earlier this month. The Rs 1,023.84-crore IPO had a price range of Rs 635-662 per share.
Tarsons Products is engaged in designing, developing, manufacturing, and supplying a diverse range of quality labware products used in laboratories across research organizations, academic institutes, pharmaceutical firms, diagnostics companies, and hospitals.
It manufactures a range of quality labware products that help advance scientific discovery and improve healthcare.
The company currently operates through its five manufacturing facilities located in West Bengal.