Bio Medica Laboratories IPO listing: Shares debut at 20% discount on NSE SME, extend decline to hit 5% lower price band

As reported by mint - markets

Bio Medica Laboratories saw its shares debut at a 20% discount on May 29, reflecting lower-than-expected investor interest. The company intends to use funds from its IPO for loan repayment and expanding manufacturing capabilities.

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Bio Medica Laboratories IPO listing: Shares debut at 20% discount on NSE SME, extend decline to hit 5% lower price band

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