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

Wednesday, April 5, 2017

Shankara Building IPO lists at sturdy premium

The equity shares of Shankara Building products listed at a decent premium of 25 percent over issue price.

The listing for the IPO which had got an overwhelming response with a oversubscription of 41.60 times, was more or less on the expected lines

The shares were trading at around Rs.623 up 35 percent over issue price as at 1:08 PM

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