Mumbai, March 21, 2017/Team Estrade//– Equity shares of Avenue Supermarts Limited listed today on BSE & NSE. The IPO issue price was Rs. 299.
The equity shares of Avenue Supermarts Ltd. ended today’s trading session on a strong note with a gain of 114% on issue price on the bourses.
Commenting on the occasion, Neville Noronha, MD & CEO, Avenue Supermarts Ltd. said, “We are overwhelmed by the response we received from the investors for our IPO. It is a matter of honour for us at Avenue Supermarts Ltd. to be a part of the popular stock exchanges. This would not have been possible without the trust shown by our investors. We are confident that together we will deliver value for all stakeholders in the times to come.”
For your reference please find appended below:
- BSE/NSE share price details on its debut day.
- Subscription Details
- Issue Highlights
BSE |
http://bit.ly/2mKInnk |
OPEN |
604.40 |
HIGH |
650.00 |
LOW |
558.75 |
CLOSE |
640.75 |
NSE |
http://bit.ly/2nZpb62 |
OPEN |
600.00 |
HIGH |
648.80 |
LOW |
558.30 |
CLOSE |
642.05 |
Subscription Details
QIB (Excluding Anchors) |
148.49 |
HNI |
272.20 |
Retail |
7.33 |
Anchor Investors |
1.04 |
Total |
73.41 |
*Subscription data as per Basis of Allotment
ISSUE HIGHLIGHTS
Price Band |
Rs. 295 – Rs. 299 | ||||||||
Issue Price |
Rs. 299 |
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Bid Lot |
50 equity share and in multiple of 50 equity share thereafter |
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Offer Details |
Fresh Issue: Upto Rs 1870 crore |
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Offer Period |
|
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Offer Structure |
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Listing on |
BSE and NSE |
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Merchant Bankers |
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Registrar |
Link Intime India Private Limited. |