Shares of Timbor Home Limited listed on the BSE and NSE today. The opening price of the share on the BSE was Rs 72, and it was an identical Rs 72 on the NSE as well. The high was Rs 84.70 on the BSE while it was Rs 99 on the NSE. The low was the open of Rs 72 on both the exchanges.
The company had tapped the capital markets with its issue for 36.90 lakh shares in a price band of Rs 54-63. The issue was open for subscription between the 30th of May and the 2nd of June. The issue received excellent support from the retail investors who subscribed their portion 14.22 times. The overall issue was subscribed 5.78 times.
| Exchange | Open | High | Low | Close | Net Change | % Gain/loss | Volume | Wt. Avg |
| BSE | 72.00 | 84.70 | 72.00 | 80.25 | 17.25 | 27.38 | 9818943 | 79.85 |
| NSE | 72.00 | 99.00 | 72.00 | 80.15 | 17.15 | 27.22 | 12234863 | 79.86 |
| Total | 22053806 |
After the first 100 minutes of trade, the share is holding very steady with gains of 27% at Rs 80.10 which is slightly above the average price of Rs 79.85. The share has seen excellent volumes so far with 220.53 lac shares traded which is almost 6 times the IPO size. So far so good is all one can say at this point of time. Investors particularly retail have made money in the issue and it appears that things have panned out well for them.
It would be interesting to see where the share closes and also the deliveries at the end of the day.
