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India's first IPO listing of 2021 IRFC lists at 4% discount over issue price

India’s first IPO listing of 2021 IRFC lists at 4% discount over issue price
Navdeep YadavJan 29, 2021, 11:08 IST
BCCL
It was a tepid debut for the ₹4,634 crore (about $634 million) IPO of IRFC on the bourses today.
The stock listed at ₹25, which is at an 4.23% discount to the set price band at ₹25-26 per share.
The ₹4,634 crore share sale concluded with the subscription of little over 3 times the offer value on January 20.
Check out the latest news and updates on Business Insider.It was a tepid debut for the ₹4,634 crore (about $634 million) IPO of the borrowing arm for the Indian Railways, IRFC on the bourses today. The stock listed at ₹24.90, which is at an 4.23% discount to the set price band at ₹25-26 per share.

Indian-railways , Astha-jain , Irfc-stocks , Irfc-nse , Irfc-news , Irfc-ipo , Irfc-bse , Irfc-stock , Irfc-share-price , Irfc-listing , இந்தியன்-ரயில்வே