MUMBAI, April 22 (Reuters) - Shares in Kiri Dyes and
Chemicals Ltd <KIRI.BO> <KIRI.NS> listed up 22.7 percent at 184
rupees on the NSE on Tuesday, from its issue price of 150
rupees.
The 3.75-million-share offering was subscribed about 1.43
times the initial public offer and the company raised 562.5
million rupees to fund its new unit for sulphuric acid and
oleum.
At 9:59 a.m., shares in the company were trading at 199.90
rupees, after touching a high of 228.70 rupees on the NSE.
(Reporting by Jasudha Kirpalani, Editing by Harish Nambiar and
Sunil Nair)
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Keywords: KIRI IPO/