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Markets - IPOs
20 Microns slips 38% on Day 1

Our Bureau

Mumbai, Oct. 6 The first company to use the Applications Supported by Blocked Amount (ASBA), 20 Microns, on its listing day on Monday closed 38.38 per cent below its issue price of Rs 55 on the NSE. It closed at Rs 33.65. The stock touched an intra-day low of Rs 31.60 and high of Rs 80, which is also the price at which it opened. A total of 1.17 crore shares of the company were traded on the NSE.

On the BSE, too, it closed below its issue price at Rs 33.30. It opened at Rs 50 and touched an intra-day low of Rs 31.5 and a high of Rs 96.25. A total of 1.29 crore shares of the company were traded on the BSE on Monday.

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20 Microns slips 38% on Day 1




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