Shankara Building Products (SBPL) listed at Rs 555 on the National Stock Exchange (NSE), a 21% premium against its issue price of Rs 460. On the BSE, the stock opened at Rs 545, an 18% higher against its issue price.
The stock ended at Rs 638, 38.7% above its issue price and 175 above its open price. A combined 6.24 million shares changed hands on the counter on BSE and NSE so far.
The retailer of home improvement and building products has raised Rs 345 crore through initial public offer (IPO), which got a strong response from all types
The stock ended at Rs 638, 38.7% above its issue price and 175 above its open price. A combined 6.24 million shares changed hands on the counter on BSE and NSE so far.
The retailer of home improvement and building products has raised Rs 345 crore through initial public offer (IPO), which got a strong response from all types