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EV Stock जिसका Tesla हैं Client | Buy on Dip | मौका जाने ना दे | #sonacomstar #stockmarket #sonablw I respect copyright according to Copyright Act 1976 Unde...
Sona Comstar shares list at 3.9% premium to IPO price; make muted stock market debut
Sona Comstar shares made their stock market debut today. Shares of Sona BLW Precision Forgings (Sona Comstar) made a muted listing debut on the stock exchanges today. The stock began trading at Rs 302 per share, up 2.92% or Rs 11.4 premium over the IPO price of Rs 291 per share. Sona Comstar entered the market earlier this month to raise Rs 5,550 crore through a mix of fresh issuance of equity…
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Day 1: Sona Comstar’s Rs 5,500 crore IPO gets off to a muted start
Day 1: Sona Comstar’s Rs 5,500 crore IPO gets off to a muted start
MUMBAI: Sona BLV Precision Forgings, also known as Sona Comstar saw a muted response from investors on the first day of its Rs 5,500-crore initial public offering. The IPO was subscribed merely 11 per cent at the end of day one. At 5:00 pm, only 1,13,93,298 shares of the company received bids out of a total issue of 10,71,05,262 suggesting that the IPO’s rich valuations are proving a…
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