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Shares of Indigo Paints were trading at Rs 2525 at 10:15 IST on the BSE, at a premium of 69.46% or 1035 points over the initial public offer price of Rs 1490.
The stock was listed at Rs 2607.50, at a premium of 75% or 1117.5 points to the initial public offer (IPO) price. So far the stock hit a high of Rs 2756.30 and low of Rs 2475.20. On the BSE, 4.13 lakh shares were traded on the counter so far.
The initial public offer (IPO) of Indigo Paints was subscribed 117.02 times. The issue received bids for 64.57 crore shares as against 55.18 lakh shares on offer, according to the stock exchange data. The issue opened for subscription on 20 January 2021 and closed on 22 January 2021. The price band for the IPO was set at Rs 1488-1490 per share.
Shares of Indian Railway Finance Corporation (IRFC) were trading at Rs 25.15 at 10:15 IST on the BSE, a discount of 3.27% over the initial public offer price of Rs 26.The stock was listed at Rs 25, a discount of 3.85% to the initial public offer (IPO) price. So far the stock hit a high of Rs 25.50 and low of Rs 24.30. On the BSE, 1.21 crore shares were traded on the counter so far.
The IPO of IRFC was subscribed 3.49 times. The issue opened for subscription on 18 January 2021 and closed on 20 January 2021. The price band for the IPO was set at Rs 25-26 per share.
The qualified institutional buyers (QIBs) category was subscribed 3.78 times. The retail individual investors category was subscribed 3.66 times. The non-institutional investors category was subscribed 2.67 times.