Tecpro Systems Limited listed at the BSE and NSE on Tuesday the 12th of October. There was a listing ceremony held at the BSE for the same. The share opened or listed at Rs 399.40 on the BSE and Rs 380 on the NSE. The high was Rs 454.25 on the BSE and Rs 453.80 on the NSE. The low was Rs 398 on the BSE and the open of Rs 380 itself was the low on NSE.
| Exchange | Open | High | Low | Close | Net Change | % gain | Wt Avg | Volume | Delivery | Del % age |
| BSE | 399.40 | 454.25 | 398.00 | 407.85 | 52.85 | 14.89 | 424.78 | 16841428 | 1259794 | 7.48 |
| NSE | 380.00 | 453.80 | 380.00 | 405.70 | 50.70 | 14.28 | 424.06 | 27878164 | 3005627 | 10.78 |
| Total | 44719592 | 4265421 | 9.54 | |||||||
The volume was brisk and the total traded volume was 447.19 lakhs or 5.92 times the IPO size of 75.5 lakh shares. Readers would recall that the company had issued 62.5 lakh new shares and also 13 lakh shares by way of an offer for sale. The issue was very well received and was subscribed an overall of 24.47 times.
The share price held itself throughout the day and appeared to be under pressure in the last hour or so. The delivery volume of 42.65 lakh shares was 9.54% of the traded volume but as a percentage of IPO size was 56.49%. The stock closed at Rs 407.85 with a gain of Rs 52.85 or 14.89%. In institutional activity there was a purchase of 3.70 lakh shares by Franklin Templeton.
Share has closed steady and is likely to move up in the coming days.
