After first ninety minutes of trade share down 3.60%
R.P.P. Infra Projects listed at a colourful ceremony at the BSE and the opening price was Rs 75 which was the issue price. The NSE also saw a similar opening price of Rs 75. The lows on the two exchanges were Rs 68 on the BSE and Rs 69.75 on the NSE. The high was Rs 80.40 on the BSE and Rs 80.50 on the NSE. The highs were made within the first ten minutes of trade itself and thereafter the share has been steadily falling.
Trading volumes have been brisk and in the first ninety minutes of trade 260.73 lakh shares have been traded. This is four times the total IPO size of 65 lakh shares.
| Exchange | Open | High | Low | Close | Net Change | % gain | Volume | Wt Avg |
| BSE | 75.00 | 80.40 | 68.00 | 72.30 | -2.70 | -3.60 | 10999322 | 75.78 |
| NSE | 75.00 | 80.50 | 69.75 | 72.40 | -2.60 | -3.47 | 15079991 | 75.61 |
| Total | 26079313 |
The weighted average at 10.45 is still above par and is currently at Rs 75.78 at the BSE and Rs 75.61 at the NSE. The issue was subscribed an overall 2.97 times with the QIB portion subscribed a mere 0.16 times. It would be interesting to see where the share closes at the end of the day today.
