Vishal Mart, Mobikwik, Sai Sciences IPOs make bumper gains on debut

Vishal Mart jumps 43.50%; Mobikwik zooms over 90% while Sai Life Sciences' surges 39%

Shares of Vishal Mega Mart Ltd surged 43.50% in debut trade on Wednesday against the issue price of Rs 78.

The stock listed at Rs 110, rallying 41% from the issue price on the BSE. During the day, it surged 48.20% to Rs 115.60. Shares of the firm finally ended at Rs 111.95, a jump of 43.52%.

At the NSE, the stock was listed at Rs 104, a surge of 33.33% from the issue price. Shares of the firm ended at Rs 111.93, climbing 43.5%.

Vishal Mega Mart's market capitalisation (mcap) stood at Rs 50,475.11 crore.