Eris Lifesciences makes quiet debut, ends below IPO price

The stock slipped to Rs 592, 2% below its IPO price of Rs 603, after listing at Rs 612 on the BSE

Eris Lifesciences slipped 2% to Rs 592, below its initial public offer (IPO) price of Rs 603, after a subdued listing on BSE. The stock listed at Rs 612, 1.5% higher against its issue price on BSE.

The stock ended at Rs 601, after hitting high of Rs 628 post its listing.

On the National Stock Exchange (NSE), the stock was trading at Rs 604, after opening at Rs 611 levels. It touched high of Rs 628 and a low of Rs 593 so far. A combined 3.59 million shares have changed hands on the counter on BSE