Blockbuster debut for KRN Heat Exchanger; shares list at 118% premium over IPO price
Undermining weak cues from the broader market, KRN Heat Exchanger shares listed at ₹480 apiece on the NSE against the issue price of ₹220.
Undermining weak cues from the broader market, KRN Heat Exchanger shares listed at ₹480 apiece on the NSE against the issue price of ₹220.
Post listing, shares of Kross gained 10.7% to ₹265.65, while Tolins Tyres hit 5% upper circuit limit of ₹238.30 on the BSE.
The share of Bajaj Housing Finance debuted at ₹150 on the BSE and NSE against the IPO price of ₹70 per share.
Baazar Style Retail staged a comeback after a flat listing, gaining as much as 21% to ₹431.15 on the NSE.
The listing of ECOS India was below the market expectations as the stock was commanding a GMP of ₹126 per share, or 37.7%, over the IPO price.
The listing of shares of Premier Energies on the domestic bourses is the third-best in 2024, after Vibhor Steel Tubes (181.5%) and BLS E-Services (129%).
Ola’s co-founder and CEO Bhavish Aggarwal, who owns 1,32,39,60,029 shares in the company, is now worth ₹12,074.5 crore.
Post listing, shares of Ola Electric rose as much as 4.82% to ₹79.66, while the market capitalisation climbed to ₹35,137 crore.
Shares of Ceigall India listed at ₹419, a premium of 4.4% over the IPO price of ₹401 apiece on the NSE.
Ahead of listing, Akums Drugs shares were commanding a GMP of ₹43 apiece in the unofficial market, indicating the listing price to be around ₹722.