New Delhi, July 14 -- Shares of Chemkart India listed on a lacklustre note on the BSE SME platform on Monday, July 14. Chemkart India share price debuted at Rs.250 per share as against the issue price of Rs.248, a premium of just 0.81%.

However, within minutes of listing, Chemkart India share price extended gains as it rose to the day's high of Rs.257.90, recording a 4% rise over the initial public offering (IPO) price.

The listing was largely in line with the grey market premium (GMP) trends. Chemkart India IPO GMP was Rs.3, signalling a 1% listing pop for the company shares.

Chemkart India IPO had witnessed a decent demand for its IPO during the bidding process, which opened on July 7 and closed on July 9.

At the end of the subscrip...