Jaypee Infratech lists below Issue Price - Indian IPO Blog

Friday, May 21, 2010

Jaypee Infratech lists below Issue Price

Jaypee Infratech Limited, which listed on the exchanges today, listed at Rs.93/- on the BSE as against an Issue Price of Rs.102/- per equity share, thus listing at a discount of 8.82% on its Issue Price. The share did not touch the Issue Price on the Listing Day even at the Intra-day High which was Rs.98.50. It finally closed at Rs.91.30 after touching an Intra-day Low of Rs.90.00 on the BSE

On the NSE, it opened at Rs.98/-, touched an Intra-day High of Rs.98.80 with an Intra-day Low of Rs.90/- and finally closed at Rs.92.20 per equity share

Jaypee Infratech Limited (JIL) was incorporated as a Special Purpose Vehicle for implementation of 165 km long 6-lane Access-Controlled Yamuna Expressway in the state of Uttar Pradesh connecting Noida and Agra. Jaypee Infratech IPO would remain open till Tuesday, May 04, 2010. (Click here for Jaypee Infratech Limited IPO Details)

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