Fusion Klassroom Edutech IPO listing: Shares list at 7% premium over the IPO price
New Delhi, Aug. 7 -- Fusion Klassroom Edutech IPO listing: Fusion Klassroom Edutech share price made a moderate debut in the Indian stock market on Friday, 7 August. The stock listed at 7% premium over the IPO price of Rs.159.
Fusion Klassroom Edutech share price opened at Rs.170 apiece on BSE SME. This means that the IPO allottees delivered a 7% gain over the Fusion Klassroom Edutech IPO listing.
The listing of Fusion Klassroom Edutech exceeded the market expectations. The GMP of Fusion Klassroom Edutech IPO was Rs.0 ahead of listing.
The Rs.39.04 crore Fusion Klassroom Edutech IPO consists of a fresh issue of 0.20 crore equity shares worth Rs.31.63 crore and an offer for sale (OFS) of 0.05 crore shares valued at Rs.7.41 crore.
The c...
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