Satluj Jal Vidyut Nigam (SJVN) closes at Rs.25.05 on the Listing Day - Indian IPO Blog

Thursday, May 20, 2010

Satluj Jal Vidyut Nigam (SJVN) closes at Rs.25.05 on the Listing Day

Satluj Jal Vidyut Nigam (SJVN) Ltd., which listed on the exchanges today, closed at Rs.25.05 on the BSE as against the Issue Price of Rs.26/- per equity share. Discount of 5% on the Issue Price was offered to Retail Shareholders and Eligible Employees.

The share opened at Rs.28/- on the BSE which was also the Intra-day High and touched an Intra-day Low of Rs.24.15 per equity share. On the NSE, it opened at Rs.27.10 and closed at Rs.25/- per equity share

SJVN IPO was overbid 6.64 times on an Overall Basis, with Retail Category getting over-subscribed 3.12 times

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