GTPL Hathway Sees Poor Listing On Bourses At Rs 170


GTPL Hathway lists flat at Rs 170 per share compared to its issue price. However, in the first few minutes of trade, the stock swung between negative and positive territory.

The company had come up with an IPO issue which opened on June 21, 2017 and closed on June 23, 2017. The issue followed a book building process wherein the price band was fixed between Rs 167 to Rs 170 per share. IPO had minimum order quantity of one market lot, wherein one lot consisted of 88 equity shares.

The IPO had received over-subscription of 1.53 times wherein Qualified Institutional Buyers (QIBs) oversubscribed the issue by 1.48 times, non-institutional investors by 2.85 times and retail investors by 0.99 times.

For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ - 0731-6626222 | Toll Free - 1800-3010-2007 
Give a Missed Call for Free Trial - 09699997717 
Share on Google Plus

About Suhani Varma

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.

0 comments: