New Delhi, June 3 -- Prostarm Info Systems IPO listing: Shares of Prostarm Info Systems IPO made a strong debut on the bourses on Tuesday, June 3, listing at Rs.120 on NSE, a premium of 14.29 percent over the issue price of Rs.105. Meanwhile, on BSE, it debuted at Rs.125, up 19 percent from issue price.
The IPO, valued at Rs.168 crore, was open for subscription from May 27 to May 29.
The IPO concluded on an strong note, receiving bids amounting to 96.68 times the shares on offer over the three-day bidding period. A total of 108.27 crore shares were bid for, compared to the 1.12 crore shares available. The retail investor portion was subscribed 39.42 times, while the non-institutional investor (NII) category saw a subscription of 222.13 ...
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