Ashapura Intimates Fashion lists on BSE SME platform

Ashapura Intimates Fashion Ltd today got listed on the SME platform of BSE with a gain of 25 per cent.

Ashapura Intimates Fashion lists on BSE SME platform
MUMBAI: Ashapura Intimates Fashion Ltd today got listed on the SME platform of BSE with a gain of 25 per cent.

As against the Issue price of Rs 40 per equity share, Ashapura Intimates Fashion jumped to upper circuit of Rs 50.45 intra-day, before closing for the listing day at Rs 49.95.

The total volume of trade in the scrip was 3.54 lakh equity shares valued at Rs 1.73 crore, according to SME site on BSE.

Ashapura Intimates Fashion is engaged in the business of designing, branding, marketing and retailing intimate garments such as lounge-wear, bridal night wear, bathrobes and night wear, had entered the capital markets on March 28 with a largest public issue of Rs 21 crore.
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