Sandhar Technologies IPO, which was open during 19-21 March, had a price band of Rs327-332. Mumbai: Shares of Sandhar Technologies Ltd made a tepid debut on first day of stock markets listing. The auto component maker’s firm ended 3.3% lower at Rs321 from its issue price of Rs332 on Monday, after opening 4.2% higher at Rs346.10. Sandhar Technologies IPO, which was open during 19-21 March, had a price band of Rs327-332. It had raised Rs153.74 crore from anchor investors, including DSP Blackrock MF, ICICI Prudential MF, HSBC Global Investment Fund, Eastspring Investment India, Aditya Birla MF, Nomura, SBI MF, Reliance MF and L&T MF.

Source: Mint April 02, 2018 04:52 UTC