Mumbai : Shares of Crizac Limited debut on the exchange to close at 25% premium.
The scrip listed Rs 280 per share on BSE, a premium of 14.29%, and Rs 281.05 per share on NSE, a premium of 14.71%. The company’s share price closed at Rs 307.45 per share on the BSE, a 25.49% premium, and at Rs 306 per share on the NSE, a 24.90% premium.
As per NSE, the total quantity traded stood at 672.62 lakh shares, on BSE the total Quantity stood at 87.12 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 2,251.75 crore.
The Market Capitalization of the Company at today’s closing price stood at Rs. 5,379.84 Crore as per BSE and Rs. 5,354.46 Crore as per NSE.
Dr. Vikash Agarwal, CMD of Crizac Limited said “We are incredibly thankful to our investors for their trust and confidence as we embark on this journey as a publicly listed company. Your belief in our vision has been instrumental in reaching this important milestone. As we look ahead, we remain committed to driving growth, innovation, and value for all our stakeholders. We are excited about the future and look forward to your continued support.”
The company had offered Rs 860 crore issue for subscription from July 2 to July 4. This garnered substantial interest, and the offer was subscribed 59.82 times. Qualified Institutional Buyer Portion was subscribed 134.35 times. Non-Institutional Investors Portion and Retail Portion were subscribed 76.15 times and 10.24 times respectively.
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