New Delhi: Shares of infrastructure firm Salasar Techno Engineering made a stellar debut at the bourses on Tuesday with over 150% increase from its issue price of Rs108. More From Livemint »The shares closed at Rs272.10, nearly 152% higher than the listing price of Rs108 on BSE while Sensex closed 0.05% lower at 32,228.27 points. The initial public offer of Salasar Techno Engineering was oversubscribed a staggering 272.93 times earlier this month. The IPO was of 33.21 lakh equity shares at a price of Rs108 per equity share aggregating to Rs35.86 crore. Rajasthan-based Salasar Techno provides customised steel fabrication solutions in the domestic market.

Source: Mint July 25, 2017 07:19 UTC