BLS Polymers, SFC Environmental Tech shares make strong D-Street debut, hits upper circuit level
BLS Polymers shares listed at ₹244.10 on the BSE, registering a premium of 62.7% over the IPO price of ₹150
Shares of BLS Polymers and SFC Environmental Technologies soared on their debut on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Tuesday, hitting the upper circuit level. BLS Polymers surged 90% over its IPO price, while SFC Environmental Technologies rose 29% after listing at a premium. BLS Polymers, specializing in polymer compounds for wires, cables, and pipelines, raised ₹76.50 crore from anchor investors in its ₹255 crore issue.
SFC Environmental Technologies, providing environmental solutions, raised ₹200 crore from anchor investors in its ₹668 crore offering. The IPOs attracted strong demand, with non-institutional investors leading the way.
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