On the NSE and the BSE, the company's shares were listed at ₹150 per share, 114.29% higher than the issue price of ₹70.
The stock closed its first day at 165 on NSE, higher by 135.71% from the IPO price of 70, and at 164.99 on BSE, a 135.70% premium. This blockbuster listing added a whopping 79,000 crore to the company's valuation on day 1, highest in India's capital market history for a new entrant.
This story is from the September 17, 2024 edition of The Morning Standard.
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This story is from the September 17, 2024 edition of The Morning Standard.
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