Business Daily from THE HINDU group of publications Thursday, Aug 02, 2007 ePaper |
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Markets
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IPOs
Our Bureau Mumbai, Aug. 1 The stock of Everonn Systems got listed at a 75 per cent premium on the NSE, at Rs 245 against its issue price of Rs 140. The stock soared to an intra-day high of Rs 567, before closing at Rs 477.35. The stock listed at the same price on the BSE, where it touched a high of Rs 560. The total traded quantity of shares was 1,03,53,304 and 71,77,641 on the NSE and BSE respectively. The company entered the stock markets with 1,38,51,181 equity shares of Rs 140 per share. The company’s initial public offering was subscribed over 131 times.
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