Business Desk, New Delhi. Two mainboard IPOs have been listed today. These include Vishal Nirmiti (Vishal Nirmiti IPO Listing) and Nityas Gems & Jewelery (Nityas Gems & Jewelery IPO Listing). The listing of both of them did not happen with much difference compared to the IPO price.
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The first among these is Vishal Nirmiti, whose listing was negative. The company’s shares debuted at Rs 215, down Rs 5 or 2.27 per cent on both BSE and NSE against the IPO price of Rs 220. It has fallen further after listing. At around 10.40 am, this share is down by Rs 15.75 from the IPO price on BSE at Rs 204.25.
Talking about the subscription status of the IPO, its public issue was subscribed 1.79 times. The price band in the IPO was Rs 208-220, while the lot size was 68 shares. Its IPO was open from 30 September to 5 October.
Nityas Gems and Jewelery
The listing of Nityas Gems and Jewelery was positive. The company’s shares were listed at Rs 82 on BSE with a premium of Rs 7 or 9.33 per cent compared to the IPO price of Rs 75. Whereas on NSE it started at Rs 80 with a rise of Rs 5 or 6.67 per cent. It has increased further after listing. This share is at Rs 86, up Rs 11 from the IPO price on BSE.
Talking about the subscription status of the IPO, its public issue was subscribed 2.26 times. The price band in the IPO was Rs 70-75, while the lot size was 200 shares. Its IPO was open from 30 September to 5 October.
Source: www.jagran.com
