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Bumper gains for Enviro Infra IPO shareholders; stock lists at 49% premium

Business Standard LogoBusiness Standard8h ago

Bumper gains for Enviro Infra IPO shareholders; stock lists at 49% premium - Business Standard

Quick Summary:

Enviro Infra shares posted a stellar listing at Rs 218 apiece on BSE, and Rs 220 on NSE, reflecting a premium of 47.30 per cent and 48.

This provided IPO investors with a return of Rs 72 per share, translating to a gain of 48.65 per cent on the allotment price.

On the BSE, the stock was listed at Rs 218, reflecting a premium of Rs 70 or 47.30 per cent over its issue price of Rs 148.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 10:01:12 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 430 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23937115

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 267 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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