Ramky Infrastructure Limited had raised Rs 530 crs from the IPO and it consisted of a fresh issue of Rs 350 crs and an offer for sale of Rs 180 crs. The issue was priced at Rs 450.
Anchor investors were allotted 20,38,461 shares initially at a price of Rs 425 which was subsequently revised to Rs 450 post the allotment. The issue was well received by QIB’s and was subscribed by them 4.52 times. The HNI portion was subscribed 1.45 times and the retail portion just about subscribed at 0.99 times.
The share listed on the BSE at Rs 460 and opened at Rs 471.55 on the NSE. The high on the BSE was Rs 460 while on the NSE the open of Rs 471.55 was the high itself. The low was Rs 345.05 on the BSE and Rs 351.20 on the NSE. After having made a wide range between the high and low for the day the share is trading in a tight band of Rs 390-410. The weighted average for the day after the 100 minutes of trade is Rs 396 -397.
| Exchange | Open | High | Low | Close | Net Change | % gain | Volume | Wt Avg |
| BSE | 450.00 | 460.00 | 345.05 | 403.00 | -47.00 | -10.44 | 3226196 | 396.23 |
| NSE | 471.55 | 471.55 | 351.20 | 403.00 | -47.00 | -10.44 | 5276480 | 396.90 |
| Total | 8502676 |
The share has seen volumes of 85 lakh shares which is roughly 0.72 times the IPO size of 1.17 cr shares. The share is trading weak and end of day would determine whether there is any buying interest or not.
