MUMBAI, June 28 (Reuters) - Singapore-listed Meghmani
Organics Ltd. <MEGH.BO> <MEGH.NS> on Thursday made its debut at
33.25 rupees on the BSE, up 75 percent from its initial public
offer price of 19 rupees a share.
At 9:56 a.m. the shares were trading at 30 rupees after
touching a high of 34 rupees earlier.
The proceeds from the 1.02-billion-rupee issue would be used
to expand the company's pigments and petrochemicals capacity and
to fund acquisitions, the company said.
((Reporting by Bharghavi Nagaraju; editing by Harish Nambiar;
Reuters Messaging: [email protected];
+91 22 6636 9059))
Keywords: MEGHMANI LISTING/