Jyothy Laboratories Ltd has listed today at Rs. 895 on the NSE, at 30% premium or up by Rs. 205 from its issue price of 690 rupees.

The company is leading manufacturer of fabric care products, ayurvedic products, herbal products, air care products, and mosquito repellent products. The company is very popular in the market due to its fabric whitener, “Ujala”.

The company had come out with an initial public offering (IPO) of 44.30 lakh shares of Rs 5 each at a price band between Rs 620 and Rs 690 per equity share. The IPO was open for subscription from Nov. 22 to Nov. 27, 2007.

Its investors including Canzone Limited, ICICI Bank Canada, ICICI Bank UK PLC, South Asia Regional Fund and CDC Investment Holdings have sold their stakes through this offer.

At 11:47 AM, the share was trading at Rs 776.75, up Rs 86.75 or 12.57 %. About 28,63,002 shares exchanged hands on the counter. It touched intraday high of Rs 895 and low of Rs 741.15.