Astec Lifesciences Limited which had tapped the capital markets with an IPO to raise Rs 61.5 crs by issuing 75 lakh shares in a price band of Rs 77-82 listed on both the NSE and BSE today. The issue was oversubscribed 1.56 times and the share price fixed at Rs 82.
The share listed on the BSE at Rs 85.55 and made a high of Rs 90.70 while on the NSE the share listed at Rs 83 and made a high of Rs 90.70. There was brisk trading in the shares on both the exchanges and in the first thirty five minutes of trade 77.7 lakh shares or slightly higher than the issued quantity was traded.
| Exchange | Open | High | Low | Close | Net Change | % gain | Volume | Wt Avg |
| BSE | 85.55 | 90.70 | 80.00 | 86.30 | 4.30 | 5.24 | 3794000 | 87.81 |
| NSE | 83.00 | 90.70 | 83.00 | 86.35 | 4.35 | 5.30 | 3975000 | 87.85 |
| Total | 7769000 |
The share was holding steady around Rs 86.30 after the first half hour or so. Stock looks like holding well and end of day would indicate performance going forward.
