On NSE, shares of the company settled at Rs 585, a gain of 2.27 per cent
The stock listed at Rs 600, a 5% premium against its issue price of Rs 572 on the NSE and BSE.
HNI and retail portion subscribed 7 times and 1.34 times respectively
The issue received bids for 3,19,59,590 shares against the total issue size of 2,25,75,438 shares, data available with the NSE till 1330 hrs showed
Experienced management will expand offerings such as vehicle finance and drive growth; valuation appears reasonable
The NBFC and its sponsor Everstone will co-invest to own two-third stake together in the business