BSE Limited made its debut on the NSE on Friday the 3rd of February and was off to a flyer gaining 32.66%. The offer for sale of was for 1,54,27,197 shares in a price band of Rs 805-806. The company had allotted 46,28,158 shares to 25 anchor investors comprising of 38 entities.
The issue received excellent response and was oversubscribed 51.22 times. The QIB portion was subscribed 48.64 times, HNI 159.03 times and Retail portion 6.48 times. The issue received 11.95 lac applications and created a new record in number of applications received beating the previous record of L&T Infotech.
The discovered price was Rs 1085 against the issued price of Rs 806. The high of the day was Rs 1200 and the low as Rs 1065.10. the closing price was Rs 1069.20, a gain of Rs 263.20 or 32.66%. The weighted average was Rs 1115.50.
| Exchange | Open | High | Low | Close | Net Change | % Gain/ Loss | Wt.Avg | Volume | Delivery | Del %age |
| NSE | 1085.00 | 1200.00 | 1065.10 | 1069.20 | 263.20 | 32.66 | 1115.50 | 15771762 | 6122689 | 38.82 |
| Total | 15771762 | 6122689 | 38.82 |
The total traded volume was 157.71 lac shares which was 1.02 times the IPO size and 1.46 times if one considers the non-anchor position. The delivery volume was 61.22 lac shares which was 38.225 of the traded volume and 39.69% of the IPO size. Similarly it was 56.70% of the non-anchor position.
There were three bulk deals on the buy side and none on the sell side. Smallcap World Fund who was the allotted the largest number of shares in the anchor allocation of 868500 shares or 18.77% of the anchor allocation, bought 16,33,818 lakh shares at Rs 1100.44. With this his total holding increases to 25,02,318 shares which is 16.22% of the total equity. The others who bought were two entities of Nomura buying 15 lakh shares and 3,19,657 shares at Rs 1150.78 making a total of 18,19,657 shares or 11.79% of the paid up capital of BSE Limited.
It was a great listing and performance of BSE Limited which took the iconic Dalal Street to BKC for listing purposes.
