The scrip was listed at Rs 184, representing a premium of 80.39% compared with the initial public offer price.
So far, the scrip hit a high of Rs 184 and a low of Rs 174.80. Over 6.58 lakh shares of the company have changed hands in the counter till now.
The IPO of Macfos was subscribed 270.58 times. The issue opened for bidding on Friday (17 February 2023) and it closed on Tuesday (21 February 2023). The issue price band was Rs 96 - 102 per share.
The IPO comprised offer for sale of upto 23,28,000 equity shares of face value of Rs 10 each by selling shareholders. Of which, 1,16,400 equity shares is reserved for subscription by market maker to the issue. The promoter and promoter group shareholding will dilute to 73.65% post IPO from 100% pre-IPO.
The objects of the offer a...
More News
|