Onelife Capital lists at Rs 115 on BSE; stock up 30%

NEW DELHI: Shares of financial services company Onelife Capital Advisors surged 30% in trade on Monday after it got listed at Rs 115 apiece on the BSE, a premium of over 4 per cent vis-a-vis their issue price of Rs 110 a share.

The company’s shares got listed at Rs 115, a jump of 4.54 per cent over their issue price on the BSE. On the NSE, the stock debuted at Rs 110.

At 12:10 p.m., shares of the company were trading 30% higher at Rs 142.45. So far the stock has touched its day's high of Rs 154, up nearly 40%.

The company garnered Rs 36.85 crore through its IPO, which it plans to use for expansion purposes. Onelife Capital Advisors is in the merchant banking business and helps companies raise funds from the Indian capital markets.