Analysis and Insights into the world of IPOs and investing in India

Friday, March 11, 2011

Sudar Garments IPO closes listing day with 47% premium

Sudar Garments IPO, which interestingly opened below at Rs.74/- on the BSE below its issue price of Rs.77/- per share, went on to touch Rs.117.70 as the Intra-day High on the BSE and finally closed the listing day at a handsome premium of 47% over its Issue Price

The share touched an Intra-day low of Rs.74/- on the BSE, which was the opening price as well. The Total Traded Quantity of the shares on the listing day was 342.73 Lakhs with Total Traded Value at Rs.347.23 Crs. on the Listing Day on the BSE

Sudar Garments Limited is a leading manufacturer and exporter for readymade garments specialized in elegant Shirts, Trousers and wide range of apparel for Men, Women & Kids. 

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