The inventory is listed at Rs778 per share, with a premium of greater than 32% as in opposition to its IPO worth of Rs587 per share on the NSE.
Round early morning offers, Kaynes Expertise shares began buying and selling at Rs775 per share on the BSE. The shares are listed for buying and selling and dealings beneath the ‘B’ group of securities.
The Rs858 crore IPO had acquired an oversubscription of 34.16 occasions with a robust urge for food throughout investor classes.
The general public subject is priced at a worth band of Rs559 per share to Rs587 per share respectively having a face worth of Rs10 every.
Kaynes is a Mysore-based firm in electronics manufacturing and built-in options for the economic, automotive, aerospace and protection, outer-space, medical, nuclear, railways, Web of Issues (IoT), IT & different sectors.
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