ARSS Infra ends 66.67% higher to issue price
New listing ARSS Infrastructure Projects Ltd closed Wednesday’s session at Rs 750 on NSE, higher by 66.67 per cent from the issue price of Rs 450 per share.
By ET Bureau |
MUMBAI: New listing ARSS Infrastructure Projects Ltd closed Wednesday’s session at Rs 750 on NSE, higher by 66.67 per cent from the issue price of Rs 450 per share. The stock had opened at Rs 630 and intraday it touched a high of Rs 751.80.
Total traded quantity was 1,57,59,450 shares and turnover Rs 1110.78 crore on NSE.
ARSS Infra is into construction of roads, highways, bridges, irrigation projects and engineering, and also undertakes engineering, procurement and construction activities for railways.
The company’s initial public offering received tremendous response from investors and was subscribed over 47 times. The issue received bids for over 11.89 crore shares, against 25.12 lakh shares on offer.
Total traded quantity was 1,57,59,450 shares and turnover Rs 1110.78 crore on NSE.
ARSS Infra is into construction of roads, highways, bridges, irrigation projects and engineering, and also undertakes engineering, procurement and construction activities for railways.
The company’s initial public offering received tremendous response from investors and was subscribed over 47 times. The issue received bids for over 11.89 crore shares, against 25.12 lakh shares on offer.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
