VA Tech Wabag closes on Listing Day with 30% premium - Indian IPO Blog

Thursday, October 14, 2010

VA Tech Wabag closes on Listing Day with 30% premium

VA Tech Wabag Ltd., which listed on the exchanges yesterday, closed the day at a premium of 30.49% over its Issue Price of Rs.1310/- per share. The share closed at Rs.1709.40 on the BSE after touching an Intra-day High of Rs.1806.60 and a low of Rs.1651.10. On the NSE, it closed at Rs.1704.80

VA Tech Wabag IPO had received an overwhelming response from the market with the IPO finally getting overbid by 36.22 times on an overall basis

VA Tech Wabag is one of the world’s leading companies in the water treatment field. VA Tech Wabag provides turn-key solutions for water and waste water treatment to municipal and industrial users

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