Vibhor Steel Tubes Lists At 181% Premium, Stock Closes 195% Over Issue Price | Bumper Listing
5Vibhor Steel tubes made a stellar debut on the stock exchanges listing at a whopping 181% premium over the IPO price on February 20. The stock opened at Rs 425 on NSE and Rs 421 on BSE against the issue price of Rs 151. The listing surpasses analyst expectations and even in the grey market the stock was trading at a 92% premium. The issue received a strong response from the investors as it got subscribed 320 times. At 11:43 am, the stock was trading at RS 446.25, up 195.53%.
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