Bajaj Corp lists at 15% premium

MUMBAI: Shares of Bajaj Corp Ltd listed at Rs 760 on the National Stock Exchange, a premium of Rs 100 or over 15 per cent to the issue price of Rs 660. The stock touched a high of Rs 816.95 versus a low of Rs 763.55.

Total traded quantity was 26,00,349 shares and turnover Rs 201.80 crore.

Bajaj Corp’s Rs 300-crore initial public offering was subscribed 19.29 times. The issue was priced in the band of Rs 630-660 per share. The hair oil maker is a unit of Bajaj Group, and is known for its Bajaj Almond Drops hair oil brand.