Stocks

Onelife Capital Advisors lists at Rs 115 on BSE

PTI Mumbai | Updated on October 17, 2011 Published on October 17, 2011

Shares of financial services company Onelife Capital Advisors got listed at Rs 115 apiece on BSE today, a premium of over 4 per cent vis-a-vis their issue price of Rs 110 a share.

The company’s shares got listed at Rs 115, a jump of 4.54 per cent over their issue price on BSE. On NSE, the stock debuted at Rs 110.

The stock rose further on keen buying interest and was trading at Rs 142.75, up 29.77 per cent, at 10.35 a.m. A similar trend was witnessed on NSE, where the scrip spurted by 32.91 per cent to Rs 146.20 at 10.35 a.m.

On the volume front, over 39 lakh shares of the company were traded on BSE in morning trade and more than 54 lakh shares exchanged hands on NSE.

The company garnered Rs 36.85 crore through its IPO, which it plans to use for expansion purposes.

Onelife Capital Advisors is in the merchant banking business and helps companies raise funds from the Indian capital markets.

Published on October 17, 2011
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