Performance of Newly Listed Shares as on 5th April 2019

Name Date of Listing Issue Price Closing Price Closing Price % Gain Loss % Change Over
050419 290319 Over Week lssue Price
Indostar Capital Finance Limited 21st May 572.00 429.05 419.15 1.73 -24.99
RITES Limited 2nd July 185.00 247.00 259.05 -6.51 33.51
Fine Organics Limited 2nd July 783.00 1313.55 1236.60 9.83 67.76
Varroc Engineering Limited 6th July 967.00 601.95 580.60 2.21 -37.75
TCNS Clothing Company Limited 30th July 716.00 803.45 818.55 -2.11 12.21
HDFC Asset Management Co Ltd 6th August 1100.00 1550.65 1534.20 1.50 40.97
Credit Access Grameen Limited 23rd August 422.00 545.15 501.10 10.44 29.18
Ircon International Limited 28th September 475.00 406.70 401.45 1.11 -14.38
Aavas Financers Limited 8th October 821.00 1136.35 1160.80 -2.98 38.41
Garden Reach Shipbuilders & Eng Ltd 10th October 118.00 97.45 97.45 0.00 -17.42
Xelpmoc Tech and Design Limited 4th February 66.00 71.00 66.60 6.67 7.58
Chalet Hotels Limited 7th February 280.00 323.15 337.80 -5.23 15.41
MSTC Limited 29th March 120.00 105.35 114.20 -7.38 -12.21
Embassy Office Reits 1st April 300.00 328.02 NA 9.34 9.34

Rail Vikas Nigam Limited – Issue Oversubscribed 1.83 Times

Rail Vikas Nigam Limited or RVNL which had tapped the capital markets with its offer for sale of 25,34,57,280 equity shares in a price band of Rs 17-19 was oversubscribed. The issue had opened on Friday the 29th of March and closed on Wednesday the 3rd of April. There was a discount of Rs 0.50 for retail investors and eligible employees.

The retail portion received 2,19,380 application forms and the retail portion was subscribed 1.93 times on the basis of application forms. The HNI portion remained undersubscribed at 0.80 times.

The full details of the subscription are given below: –

RVNL Subscription

Bucket Size Shares Applied for Times Oversubscribed
QIB 126400000 172121040 1.36
HNI 37920000 30250740 0.80
Retail 88480000 259545780 2.93
Employee 657280 1394640 2.12
Total 253457280 463312200 1.83

Metropolis Healthcare Limited – Completes Anchor Allocation


Metropolis Healthcare Limited which is tapping the capital markets with its offer for sale for 1,36,85,095 equity shares completed allocation to anchor investors. The company allotted 60,23,293 equity shares to 21 Anchor Investors comprising of 26 entities at Rs 880 per equity share of face value of Rs 2 per share. The highest allocation has been made to Smallcap World Fund who has been allotted 20,45,882 equity shares comprising of 34% of the anchor allocation.

The issue is priced at 42.55 times to 42.70 times its fully diluted consolidated EPS of Rs 20.49 for the year ended March 2018.

The issue opens on Wednesday the 3rd of April and closes on Friday the 5th of April.

The full list of anchors and their allotment is given below: –

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