Religare Lists at 325.RS
Religare Enterprises today listed at a premium of 75 per cent over the issue price of Rs 185 a share on the Bombay Stock Exchange.
The scrip opened at Rs 325 and shot up to Rs 592 within minutes. A total of 18.53 lakh equity shares changed hands at the bourse.
The company has issued 7.57 crore equity shares in the initial public offering at Rs 185 each, a circular on the stock exchanges said.
The IPO received overwhelming response from investors and was subscribed over 160 times.
