Friday, March 7, 2008

V-Guard IPO - Listing status

V-Guard Industries who is engaged in the manufacturing and marketing of electrical and electronic products, has fixed the issue price at Rs 82 per equity share. The IPO was oversubscribed by 2.7 times and got listed on exchange on 13th March, 2008.

V-Guard Industries, which listed today at Rs 84 on BSE, closed at Rs 73.45 on BSE and at Rs 73 on NSE below its issue price of Rs 82 per equity share. On the BSE, the stock opened at Rs 82.15 and has touched an intra day high of Rs 98.90 and an intra day low of Rs 70.70 with volumes of 190,80,854 shares. On the NSE, the stock opened at Rs 90.00 and has touched an intra day high of Rs 98.95 and an intra day low of Rs 72.60 with volumes of 195,09,563 shares.

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