Shares of the company ended the day at Rs 717.85 on the BSE. That means, the QIBs who bought shares during the QIP are sitting at cool 12 percent gains within a few days.
The floor price is at a discount of nearly 5% to the current market price. On Wednesday, shares of the company ended at Rs 711.90 on the National Stock Exchange, down about 1% from the previous close.