Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
»
1-min read

Historic Moment: BSE Share Lists at Rs 1089 on NSE, Up 35% Over Issue Price

Bombay Stock Exchange (BSE) created history on Friday as its shares listed at Rs 1089 per share on the National Stock Exchange (NSE), up 35 percent over its issue price of Rs 806.

Moneycontrol.com

Updated:February 3, 2017, 12:37 PM IST
facebookTwitterskypewhatsapp
Historic Moment: BSE Share Lists at Rs 1089 on NSE, Up 35% Over Issue Price
Representative image
Loading...

New Delhi: Bombay Stock Exchange (BSE) created history on Friday as its shares listed at Rs 1089 per share on the National Stock Exchange (NSE), up 35 percent over its issue price of Rs 806.

The stock surged as much as 48.8 percent in early trade to hit highest level of Rs 1,200.

In pre-opening session, it settled 34.6 percent higher at Rs 1085 (the lowest level intraday) against issue price. BSE, which was the first share sale by a domestic stock exchange, recently concluded its Rs 1,243-crore initial public offering that was opened for bidding on January 23-25.

Shareholders offered 1.54 crore shares for sale that was estimated to be worth around Rs 1,243.44 crore at the higher end of the price band. The price band was fixed at Rs 805-806. The IPO saw robust investor demand and was oversubscribed 51.22 times.

The bourse is the world's largest exchange by number of listed companies. Shares of nearly 3,000 companies trade on BSE. It is the world's 10th largest exchange by market capitalisation.

The market capitalisation of BSE-listed companies stands at Rs 1,14,50,863 crore.

| Edited by: Sujit Nath
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 1,291.00 -0.24
SBI 360.45 0.64
Motherson Sumi 119.95 0.97
HDFC Bank 2,458.60 -0.38
Bharti Airtel 347.80 0.65
Company Price Change %Gain
Shriram Trans 1,097.00 -0.27
NIIT Tech 1,332.10 0.08
CG Consumer 236.20 0.32
Reliance Infra 64.45 5.74
Dewan Housing 81.70 2.45
Top Gainers
Company Price Change %Gain
Bharti Infratel 275.90 1.73
IndusInd Bank 1,457.65 1.59
Indiabulls Hsg 618.55 1.03
Tata Motors 162.70 0.99
Zee Entertain 345.75 0.83
Company Price Change %Gain
IndusInd Bank 1,457.65 1.56
Tata Motors 162.75 1.02
NTPC 141.00 0.75
Axis Bank 795.25 0.80
ONGC 169.15 1.02
Top Losers
Company Price Change %Gain
UPL 952.80 -0.59
Coal India 258.70 -0.61
Dr Reddys Labs 2,565.50 -0.52
Sun Pharma 397.50 -0.49
HCL Tech 1,073.95 -0.44
Company Price Change %Gain
Coal India 258.95 -0.56
HCL Tech 1,075.65 -0.44
Sun Pharma 400.35 0.26
HDFC Bank 2,458.20 -0.36
Bajaj Auto 2,862.80 -0.19

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results