BS Transcomm. Dizzy Premium of 46% on Listing at NSE


Today, October 27, 2010 three companies got listed at the BSE and NSE While one company, BS Transcomm, engaged in infrastructure provider in Telecom and Power got listed at 46% to its offer price, Gyscoal Alloys opened at 12,7% over its issue price. Realty company Prestige Estates Ltd closed with 4% premium over its issue price

Today, October 27, 2010 three companies got listed at the BSE and NSE While one company, BS Transcomm, engaged in infrastructure provider in Telecom and Power got listed at 46% to its offer price, Gyscoal Alloys opened at 12,7% over its issue price. Realty company Prestige Estates Ltd closed with 4% premium over its issue price

BS Transcomm. Dizzy Premium of 46% on Listing at NSE


BS Transcomm, a company in the line of Telecom and Power Infrastructure Provider, got a big opening premium on its debut listing at National Stock Exchange (NSE) today. The company which entered the capital market through its Initial Public Offering (IPO) at Rs 248 a share got listed at a big premium over its issue price. The stock touched an intra day high of Rs 398.40, before closing at Rs 362, a premium of 45.97% over an issue price of Rs 248 a share on the National Stock Exchange. On the Bombay Stock Exchange (BSE), the share closed at Rs 378.50, after touching a high of Rs 399 and low of Rs 247.80. It traded with volumes of 2.3 crore equity shares while on NSE, it was at 3 crore shares. BS Transcomm has raised Rs 190.45 crore recently through an initial public offering of 76,79,410 equity shares.
.

Gyscoal Alloys gains 12.7% on opening day


Gyscoal Alloys entered the capital market with its Initial Public Offering (IPO) of shares at Rs 71. Gyscoal Alloys raised Rs 54.67 crore through IPO of 77 lakh equity shares. . The company which got listed on October 27, 2010 saw an intra day high of Rs 112.5, a premium of 58.45% over its issue price, and closed at Rs 80 at a premium of 12.7% at the National Stock Exchange.(NSE)

At Bombay Stock Exchange (BSE), the share after an intra day high of Rs 112.70 and a low of Rs 76.60 settled at Rs.81.55. The volume of transaction at BSE stood at 3.88 crore equity shares while on NSE, it was at 5.17 crore shares.
The company is a manufacturer of stainless steel products.

Prestige Estates listed today and closes with 4% premium


Shares of Bangalore based real estate company Prestige Estates Projects listed on the National Stock Exchange(NSE) closed at Rs 190.20, a premium of 3.93% over an issue price of Rs 183 a share. The shares touched an intra day high of Rs 208.80 and low of Rs 188.35 on the NSE, with volumes at 2.45 crore equity shares. Similarly on the BSE, the turnover of shares traded remained at 1.56 crore shares. On BSE, a share settled at Rs 192.55, after witnessing a high of Rs 209 and low of Rs 188.15.
The company raised Rs 1,200 crore via offering of 6.55 crore , equity shares.


Comments

No responses found. Be the first to comment...


  • Do not include your name, "with regards" etc in the comment. Write detailed comment, relevant to the topic.
  • No HTML formatting and links to other web sites are allowed.
  • This is a strictly moderated site. Absolutely no spam allowed.
  • Name:
    Email: