SEL Manufacturing lists at Rs 95
Shares of SEL Manufacturing Company Ltd on Tuesday listed at Rs 95, premium of 5.5% or Rs 5 to issue price of Rs 90 per share.
By INDIATIMES NEWS NETWORK |
MUMBAI: Shares of SEL Manufacturing Company Ltd on Tuesday listed at Rs 95, premium of 5.5% or Rs 5 to issue price of Rs 90 per share.
At 10:17 am, the share was at Rs 91.70, up 1.89% or Rs 1.70. It touched a high of Rs 95 and low of Rs 87.25. Around 22,99,408 shares were traded at the National Stock Exchange counter.
On the Bombay Stock Exchange the SEL share listed at Rs 87.90. At 10:13 am, it traded at Rs 91.80, up 2% or Rs 1.80. It touched a high of Rs 93.90 and low of Rs 80 with volume at 17,50,880 shares.
The company raised Rs 37.24 crore in the initial public offering that was open between July 26 and 31. The IPO was subscribed 3.62 times.
SEL Manufacturing is a spinning, knitting and garment manufacturing company and plans to expand capacities at a total cost of Rs 184.5 crore.
At 10:17 am, the share was at Rs 91.70, up 1.89% or Rs 1.70. It touched a high of Rs 95 and low of Rs 87.25. Around 22,99,408 shares were traded at the National Stock Exchange counter.
On the Bombay Stock Exchange the SEL share listed at Rs 87.90. At 10:13 am, it traded at Rs 91.80, up 2% or Rs 1.80. It touched a high of Rs 93.90 and low of Rs 80 with volume at 17,50,880 shares.
The company raised Rs 37.24 crore in the initial public offering that was open between July 26 and 31. The IPO was subscribed 3.62 times.
SEL Manufacturing is a spinning, knitting and garment manufacturing company and plans to expand capacities at a total cost of Rs 184.5 crore.
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