The company's shares have been listed today on both the exchanges - National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). This listing has been done at a premium price as compared to the issue price. The issue price for this company was fixed at ₹432 per share. But, on BSE, this listing happened at a price of ₹153 i.e. 35.45% premium i.e. ₹585.15 per share. On NSE, this share got listed at a price of ₹590 per share with a premium of ₹158 i.e. 36.5%.
Just before the listing, there were indications from the grey market that this stock would be listed at a premium. There were indications from the grey market of listing at a price of ₹597 per share.
Sanathan Textiles IPO listing complete, profit of Rs 98 on every allotted share Transrail Lighting IPO was a completely book built issue, through which the company has raised ₹838.91 crore. It had a fresh issue of 9.3 crore shares valued at ₹400 crore. At the same time, an offer for sale of 1.02 crore shares is also included. Promoter Anjama Holdings has also sold a share through OFS. The price band for this IPO was fixed at ₹410 - ₹432 per share. At the same time, there was a lot size of 34 shares. This IPO was open for subscription from 19 to 23 December 2024. During this period, the IPO was subscribed 80.80 times. Concord Enviro shares listed on NSE - BSE, millions of investors made profit as soon as they entered the market Transrail Lighting had raised ₹ 245.97 crore from anchor investors on 18 December 2024, just before the IPO. Talking about the financials of Transrail Lighting, its income has increased by 30.2% and profit by 116.8% during the financial year 2023 to the financial year 2024. This company, started in February 2008, is an engineering and construction company. The company's focus is on distribution & manufacturing of power transmission lattice structures.
--Advertisement--