The Hindu Business Line : Gateway Distriparks lists with premium

THE stock of Gateway Distriparks Ltd (GDL) made a strong debut on Thursday, opening at Rs 90 and closed at Rs 112.50 after touching a high of Rs 118.50 on the BSE.

The IPO price was Rs 72.

Traded volumes on the BSE during the day were about 1.37 crore shares.

The company had entered the capital market with an IPO of 21 million equity shares.

GDL is a multi-location CFS (Container Freight Station) operator, with one of the largest CFSs in the country at Jawaharlal Nehru port.

It has a capacity to handle 2.92 lakh TEUs per annum.

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