Talwalkars Better Value Fitness Limited which had tapped the capital markets with its IPO for 6.5 lakh shares in a price band of Rs 123-128 is to list on Monday the 10th of May. The share would be traded on the BSE and NSE. The issue was open between the 21st and 23rd of April.
The issue had received excellent response and was oversubscribed 28 times. The company Talwalkars is one of the largest fitness chains in India. It offers a diverse suite of services including gyms, spas, aerobics and health counselling under the brand “Talwalkars”.
This would be the first such listing of a company offering such services on any exchange.