New Delhi, March 23 -- Innovision share price made a muted debut in the Indian stock market on Monday, March 23. The stock listed at 10% discount to the IPO price of Rs.519 per share.
Innovision share price opened at Rs.466 on BSE and Rs.467 on NSE. This means that the IPO allottees made a loss of 10% over the Innovision IPO listing.
The listing of Innovision IPO exceeded the market expectations. Ahead of the debut, the GMP of Innovision IPO was Rs.-92, which indicated estimated listing price of Rs.427.
The mainboard IPO opened on March 10, with its closing date extended to March 17, while the allotment was finalized on March 20. The Innovision Limited IPO is set to list today, March 23 (Monday), on both the BSE and the NSE.
The price...
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