Asian Granito India lists at Rs 100.15
Vitrified tiles manufacturer Asian Granito India today got listed at the Bombay Stock Exchange at Rs 100.15 with a marginal premium of 3.24 per cent over its issue price of Rs 97.
By INDIATIMES NEWS NETWORK |
MUMBAI: Vitrified tiles manufacturer Asian Granito India today got listed at the Bombay Stock Exchange at Rs 100.15 with a marginal premium of 3.24 per cent over its issue price of Rs 97.
Within minutes of listing over 10.62 lakh shares of the company exchanged hands on BSE. Similar trends were witnessed on the National Stock Exchange as the shares of the company got listed at Rs 99.90, touched a high of Rs 107.65 and over 8.36 lakh shares were traded.
The scrip later parted with some initial gains and was trading at Rs 95.20 on BSE at Rs 97 on NSE at 10 am. Asian Granito India got listed with over 2.10 crore equity shares at Rs 97 each.
The company would utilise the IPO proceeds for setting up a wall tile unit, modernise and expand existing vitrified tile manufacturing unit and general corporate purposes. PTI DRRX over its issue price of Rs 97.
Within minutes of listing over 10.62 lakh shares of the company exchanged hands on BSE. Similar trends were witnessed on the National Stock Exchange as the shares of the company got listed at Rs 99.90, touched a high of Rs 107.65 and over 8.36 lakh shares were traded.
The scrip later parted with some initial gains and was trading at Rs 95.20 on BSE at Rs 97 on NSE at 10 am. Asian Granito India got listed with over 2.10 crore equity shares at Rs 97 each.
The company would utilise the IPO proceeds for setting up a wall tile unit, modernise and expand existing vitrified tile manufacturing unit and general corporate purposes.
Within minutes of listing over 10.62 lakh shares of the company exchanged hands on BSE. Similar trends were witnessed on the National Stock Exchange as the shares of the company got listed at Rs 99.90, touched a high of Rs 107.65 and over 8.36 lakh shares were traded.
The scrip later parted with some initial gains and was trading at Rs 95.20 on BSE at Rs 97 on NSE at 10 am. Asian Granito India got listed with over 2.10 crore equity shares at Rs 97 each.
The company would utilise the IPO proceeds for setting up a wall tile unit, modernise and expand existing vitrified tile manufacturing unit and general corporate purposes. PTI DRRX over its issue price of Rs 97.
Within minutes of listing over 10.62 lakh shares of the company exchanged hands on BSE. Similar trends were witnessed on the National Stock Exchange as the shares of the company got listed at Rs 99.90, touched a high of Rs 107.65 and over 8.36 lakh shares were traded.
The scrip later parted with some initial gains and was trading at Rs 95.20 on BSE at Rs 97 on NSE at 10 am. Asian Granito India got listed with over 2.10 crore equity shares at Rs 97 each.
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The company would utilise the IPO proceeds for setting up a wall tile unit, modernise and expand existing vitrified tile manufacturing unit and general corporate purposes.
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