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Monday, December 23, 2024 | 03:52 AM ISTEN Hindi

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Indostar Capital Finance lists at 5% premium over issue price

The stock listed at Rs 600, a 5% premium against its issue price of Rs 572 on the NSE and BSE.

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Illustration: Ajay Mohanty

SI Reporter Mumbai
Indostar Capital Finance has been listed at Rs 600, a 5% premium against its issue price of Rs 572 on the National Stock Exchange (NSE) and the BSE (Bombay Stock Exchange).

At 10:01 am; the stock was trading at Rs 596, a 4% higher against its issue price. It touched high of Rs 606 and a low of Rs 594 so far. A combined 5.85 million shares changed hands on the counter on the BSE and NSE.

The Rs 18.44-billion initial public offer had received good response with issue over-subscribed 6.8 times. The IPO was received bids for

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