Tecpro listed Today Opening Debut at over 12% premium in BSE


Tecpro, an Engineering Company, which entered the Capital Market recently, with an Initial Public Offering (IPO) in the price band of Rs 340 – Rs 350 made a smart opening in the Bombay Stock Exchange (BSE) at 12.5 % over the issue price on Tuesday, October 12, 2010. The Company had raised Rs 268 crores through its IPO recently.

Tecpro listed Today Opening Debut at over 12% premium in BSE

Tecpro, an Engineering Company, which entered the Capital Market recently, with an Initial Public Offering (IPO) in the price band of Rs 340 – Rs 350 made a smart opening in theBombay Stock Exchange (BSE) at 12.5 % over the issue price on Tuesday, October 12, 2010. The Company had raised Rs 268 crores through its IPO recently.

The Engineering company, Tecpro which got listed in BSE at Rs 399.40 is engaged in providing turnkey solutions in material handling, engineering, procurement and construction contracts. The Company which also got listed in National Stock Exchange (NSE) opened at Rs 380, just 7.05 percent over its IPO price. The combined turn over of the scrip in the opening session of both the bourses, at NSE and BSE was 86.85 lakh shares.


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More articles: Listing Of Tecpro Systems IPO Bombay Stock Exchange BSE IPO

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