The scrip settled Day 1 at Rs 454.20, up 65.13 per cent. The issue, which ran on January 15-17, was subscribed 165 times, with NII portion receiving bids for 519 times. A few months down the line, the stock could only add 2 per cent return over the listing day price. At the prevailing market price, this stock is down 15 per cent.On the contrary, Sandhar Technologies , which faltered on its debut, did well. The stock is trading 20 per cent higher over its listing day closing price of Rs 322.55
Source: Economic Times May 10, 2018 08:42 UTC