Mumbai/IBNS, Dec. 22 -- New listings like Groww, Lenskart, and ICICI Prudential AMC sparked excitement on Dalal Street on Monday, with their shares surging.
ICICI Prudential AMC made a strong market debut, opening 20% above its issue price, with trading volumes reaching nearly Rs.887.26 crore.
The stock listed at Rs.2,600 per share on the NSE, marking a 20.09% premium over the issue price, and at Rs.2,606.20 on the BSE, up 20.38%.
The company's Rs.10,600-crore IPO, entirely an offer-for-sale (OFS), was subscribed nearly 39 times, reflecting robust investor demand.
The issue was priced in the Rs.2,061-Rs.2,165 range, with no fresh capital raised.
Jupiter Wagons, GE Vernova T&D India, and KEC International were the top gainers, while R...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.