Wednesday, July 30, 2008

Birla Cotsyn IPO - Listing Status

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Birla Cotsyn had entered capital market with an IPO of 8,96,08,333 equity shares and subscribed by 1.11 times. The shares got thumbs down from market on the listing day.

The share had listed at Rs 14.90 on the NSE against the issue price of Rs 14 at a premium of 6.43% whereas on the BSE the share had opened at Rs 14.70 at a premium of 5% to its issue price 14.

It ended at Rs 9.45 on the NSE, at a huge discount of 32.50% to its issue price of Rs 14. On the NSE, the share touched an intraday high of Rs 14.90 and intraday low of Rs 8.75. The total traded quantity was 4,32,75,411 shares and turnover was Rs 4812.23 lakh.

On the BSE, the share closed at Rs 9.20 at a discount of 34.29%. On BSE its intraday high was at Rs 17.50 and intraday low was at Rs 8.55. The total traded quantity was 5,20,87,208 shares.

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