Archive for the ‘Listing’ Category

Innoventive Industries Listing day blues, Share loses 20%

Reliance mutual fund buys 30.51 lakh shares or 5.09% of company’s equity at Rs 98.50 Shares of Innoventive Industries Limited listed at the BSE and NSE on Friday the 13th of May. The opening price was Rs 110 on the BSE and Rs 111.95 on the NSE. The high was Rs 114.85 on the BSE […]

Servalakshmi Paper share gains 68% only to crash and close 35% below issue price

Listing is a complete disaster. Shares of Servalakshmi Paper Limited listed at the BSE at Rs 30 and on the NSE at Rs 29. The company had a listing ceremony at the BSE. The high made by the stock price was a staggering Rs 48.75 on the BSE and Rs 48.70 on the NSE. This […]

Servalakshmi Paper Lists at around issue price but now up a staggering 31%

Servalakshmi Paper Limited which had tapped the capital markets with its IPO in a price band of Rs 27-29 to raise Rs 60 crs had a dream debut on the bourses today. The company had a listing ceremony at the BSE where the listing price was Rs 30 and Rs 29 on the NSE. The […]

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