Technofab Engineering IPO closes at 23% Premium on Listing Day - Indian IPO Blog

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Saturday, July 17, 2010

Technofab Engineering IPO closes at 23% Premium on Listing Day

Technofab Engineering IPO which listed on the exchanges yesterday, closed at Rs.295.65 on the BSE as against an Issue Price of Rs.240/- per equity share, at a premium of 23.18% over the Issue Price. The share opened at Rs.265/- and touched an Intra-day High of Rs.307/- per share

Technofab Engineering IPO had opened for subscription from Tuesday, June 29, 2010. The Company is engaged in the business of providing Engineering Procurement and Construction (EPC) services, and executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis

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