Spice Communications Limited lists at Rs.55.75 in BSE

The equity shares of Spice Communications Limited listed in Bombay Stock Exchange (BSE) today. The stock opened at Rs.55.75, up by Rs.9.75 or 21.19% higher than the issue price of Rs.46.

The company offered its shares to investors in the recently concluded IPO at a price of Rs.46 Per share (Face Value of Rs.10/- and Premium of Rs.36)

The stock was last trading at Rs.61.25, up by Rs.15.25 or 33.15% compared to the issue price. The stock hit an intraday high of Rs.67.05 and low of Rs.48.50.

The total traded quantity was 82493093 shares at a weighted average price of Rs.58.58.

Source : Equity Bulls

Keywords