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

Monday, September 26, 2011

PG Electroplast IPO closes at sky-high premium

PG Electroplast IPO has seen a bumper listing with the share more than doubling on the listing day of the IPO. The share which was issued at a price of Rs.210/- per share

PG Electroplast went on to touch an intra-day low of Rs.175.05 on the BSE, but then shooted up to touch even Rs.490/- at one point before closing the day at Rs.411.65 a share, at a staggering premium of 96.02% over the Issue Price

PG Electroplast Ltd is engaged in the business of Electronic Manufacturing Services (EMS). Company manufactures verity of electronic component and finished goods for Original Equipment Manufacturers (OEMs) of consumer electronic products in India
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