Prakash Steelage Limited listed on the BSE and NSE today. There was a glittering listing ceremony held at the BSE. The company had its IPO between the 5th and 10th of August and the size of issue was 62.5 lakh shares. The price band was Rs 100-1110 and the issue was subscribed 4.53 times.
The share listed at the BSE at Rs 118.55 on the BSE and Rs 122 on the NSE. The highs were Rs 132.70 and Rs 132.55 respectively. The lows were Rs 117 on both the exchanges. The traded volume in the first hour of trade was 2.35 cr shares or 3.76 times the IPO size of 62.5 lakh shares.
| Exchange | Open | High | Low | Close | Net Change | % gain | Volume | Wt Avg |
| BSE | 118.55 | 132.70 | 117.00 | 132.65 | 22.65 | 20.59 | 10495308 | 126.24 |
| NSE | 122.00 | 132.55 | 117.00 | 132.35 | 22.35 | 20.32 | 12952491 | 126.42 |
| Total | 23447799 |
The share has made a good start and is currently holding on to all its gains and trading close to the highs made. It would be interesting to see how the share fares at the end of the day.
