Shares of Aditya Birla Sun Life AMC are quoting at Rs 726 apiece, marking a premium of Rs 14 or 2% over its issue price of Rs 712.
Grey market premiums are falling primarily due to yesterday's weak listing of the 4 IPOs, specially Krsnaa and Windlas which affected the sentiments.
Here is the grey market premium for Devyani International Rs 56, Krsnaa Diagnostics Rs 290, Exarro Tiles Rs 9 and Windlas Biotech Rs 90
The company is engaged in the business of specialty chemicals such as performance chemicals, pharmaceutical intermediates, and FMCG chemicals