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Aishwarya Tele lists at 43% premium

Our Bureau

Mumbai, May 7

Aishwarya Telecom Ltd, a manufacturer of test and measurement instruments, on Wednesday listed on the BSE at Rs 50.10, as against its issue price of Rs 35 per share, which is a premium of 43.14 per cent.

The scrip closed at Rs 90.85 on the BSE, which is 159.57 per cent over its issue price. It touched an intra-day high of Rs 93 and an intra-day low of Rs 50.10.

A total of 8.28 crore shares of Aishwarya Telecom was traded on the BSE.

ATL had entered capital market with an IPO 40 lakh equity shares. The issue was subscribed 20 times.

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Aishwarya Tele lists at 43% premium


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