Edelweiss Financial Services Ltd allots 54,562,488 Equity Shares under QIP

54,562,488 Equity Shares of the face value of Re. 1/- each at a price of Rs. 280/- per Equity Share (including a premium of Rs. 279/- per Equity Share) ('Issue Price') aggregating to Rs. 15,277,496,640 have been allotted today under the Qualified Institutions Placement which opened on November 15, 2017 and closed on November 20, 2017.

Shares of Edelweiss Financial Services Ltd. was last trading in BSE at Rs.285.2 as compared to the previous close of Rs. 289.95. The total number of shares traded during the day was 337807 in over 4003 trades.

The stock hit an intraday high of Rs. 291.75 and intraday low of 281.4. The net turnover during the day was Rs. 96491677.

Source : Equity Bulls

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