Parsvnath debuts at 72% premium on NSE

Real estate developer Parsvnath Developers had a dream debut on the markets today with the stock listing at Rs 516.75, up by Rs 216.75 or 72.25% from the issue price of Rs 300 on National Stock Exchange (NSE).

The stock hit a high of Rs 575.65 mid-way through the session. As at 1300 hrs, over 3.53 crore shares had changed hands. The turnover in the counter was Rs 1950.13 crore.

The company had issued 3.32 crore shares through the IPO.