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Shankesh Jewellers lists at 11.08% premium on NSE
Mumbai-based jewellery wholesaler Shankesh Jewellers debuted at ₹103.30 on NSE, 11.08% above its ₹93 IPO price, and ₹102.20 on BSE. Its ₹367-crore IPO was subscribed 2.80 times, with proceeds earmarked for debt repayment, working capital and general purposes.
Reported figures
From the report. Source details below
| BSE listing premium: | 9.89% |
|---|---|
| NII subscription: | 5.68 times |
| Retail subscription: | 2.42 times |
| QIB subscription: | 1.32 times |
| Anchor investment raised: | ₹110.15 crore |
| Anchor shares allotted: | over 1.18 crore |
| Fresh issue: | up to 2.95 crore equity shares |
| Offer for sale: | up to 1 crore equity shares |
The source
Published
Also reported by Financial Express, Business Today, NDTV Profit, The Hindu BusinessLine, Business Standard
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