Juniper Hotels stock zooms 10% for second consecutive day, Mcap crosses Rs 9,500 crore moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Juniper Hotels opened at Rs 365 (which was also its day's low), up 1.4 percent over the issue price of Rs 360, and extended upward journey up to Rs 401.50 on the NSE, an intraday high.
Juniper Hotels lists at 1.4% premium; find out what's the right strategy for this stock - IPO News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Juniper Hotels' shares listed at a premium on NSE and BSE. The IPO scraped through with 2x subscription. The company raised Rs 810 crore from anchor investors. The net proceeds of Rs 1,500 crore will be used for repayment and general corporate purposes. Juniper Hotels is co-owned by Saraf Hotels and Two Seas Holdings, an affiliate of Hyatt Hotels Corp.
The shares of Juniper Hotels listed at a premium of 1.4% on the exchanges. The stock debuted at Rs 365 on NSE against an issue price of Rs 360. Meanwhile, the stock debuted at Rs 361.2, up 0.3% on BSE.
The shares of Juniper Hotels will debut at the bourses on Wednesday. Ahead of the listing, the company's shares have been trading with a premium of Rs 0 in the unlisted market.
IPO screener: Juniper Hotels offer closes today - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.