Bajaj Corp Limited which had launched its IPO for 45 lakh shares in a price band of Rs 630-660 listed today on the BSE and NSE. The price band was Rs 630-660 and the issue was subscribed 19.29 times. The share opened for trading at Rs 730 on the BSE and Rs 760 on the NSE. The highs were Rs 812 on the BSE and Rs 816.95 on the NSE respectively. The open of Rs 730 was the low on BSE while the low on NSE was Rs 747.65.
| Exchange | Open | High | Low | Close | Net Change | % gain | Volume | Wt Avg |
| BSE | 730.00 | 812.00 | 730.00 | 760.00 | 100.00 | 15.15 | 2217133 | 774.14 |
| NSE | 760.00 | 816.95 | 747.65 | 759.00 | 99.00 | 15.00 | 3263685 | 773.96 |
| Total | 5480818 |
The share saw brisk trading in the morning and in the first two hours of trade roughly 54.8 lakh shares were traded. This corresponds to roughly 1.22 times the IPO size of 45 lakh shares. The average traded price was in the region of Rs 773-774 and the current traded price around Rs 760. The absolute gain is Rs 100 or approximately 15% on the IPO price of Rs 660.
The end of day would give a better idea of how the share would behave going forward.
