Technocraft Industries India Limited lists at Rs.137 and continues to trade above offer price

The shares of Technocraft Industries (India) Limited was listed in NSE and BSE today (Monday - February 12, 2007). The stock opened for trading at Rs.137 in NSE, a premium of 30% above the issue price of Rs.105. The stock hit an intraday high of Rs.140 and low of Rs.105.3.

The shares were trading at Rs.107 in NSE at 1:10 PM, a meagre premium of 1.90%. 8400862 shares were traded in NSE till 1:10 PM resulting in a turnover of Rs.9577.82 Lakhs.

The company came out with an IPO of 8,320,000 equity shares of Rs.10 each at a price band of Rs.95 to Rs.105 through 100% book building process. The issue opened for subscription on 18 January, 2007 and closed on 23 January, 2007.

The company's website is Technocraft Industries India Limited Website

Click here to view the company's prospectus, Technocraft Industries India Limited Prospectus

Source : Equity Bulls

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