TD Power Systems turns green after listing at a discount - Indian IPO Blog

Thursday, September 8, 2011

TD Power Systems turns green after listing at a discount

The Equity Shares of TD Power Systems, which listed on the exchanges today, turned green after listing at a discount on the BSE. The Shares opened at Rs.251.60 on the BSE as against an Issue Price of Rs.256/- per share.

The shares were quoted at Rs.282.20 at about 11:30AM on the BSE. TD Power Systems IPO was subscribed 2.92 times on an overall basis with 0.38 times subscription in the Retail Category

TD Power Systems Limited is a Bangalore based heavy electrical equipment player and one of the leading manufacturers of AC Generators. Check back Indian IPO Blog for latest updates on Listing Day prices of TD Power Systems Limited!

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