VASA Retail and Overseas shares list at 20% premium

Shares of the company settled at the same level.

BCCL
Shares of the company settled at the same level.
NEW DELHI: Shares of SME firm VASA Retail and Overseas got listed at 20 per cent premium of Rs 36 apiece on NSE Emerge platform on Tuesday.

The firm, which is engaged in the business of art materials and stationery products, recently-concluded its Rs 4.8 crore initial public offer (IPO).

The issue had received an overwhelming response from the investors, as it was overall subscribed 206 times.


The offer, which had opened on Jan 24, comprised 16,00,000 equity shares of face value of Rs 10 each for cash at price of Rs 30 per Equity Share.

Shares of the company settled at the same level.

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