HG Infra Engineering makes flat debut on bourses
09/03/2018
Shares of HG Infra Engineering made a quite debut at the bourses on Friday by listing at Rs 270, at par against its issue price of Rs 270 per share on the Bombay Stock Exchange (BSE). The Rajasthan based an infrastructure construction, which has raised Rs 462 crore from the initial public offer (IPO) listed at Rs 270 on the National Stock Exchange (NSE). During the day’s trade so far, scrip of the company touched an intra-day high and low of Rs 276.00 and Rs 252.60 respectively on the BSE. HG Infra has set a price band of Rs263-270 per share for the IPO. The company intends to use proceeds from the fresh issue for purchasing equipment, repayment of debt and meeting general corporate expenses. SBI Capital Markets Ltd and HDFC Bank Ltd are managing the HG Infra share sale. Meanwhile, the broader benchmark BSE Sensex was trading at 33,476.31, up 124.74 points, or 0.37 per cent, at 12:50 hours.
09/03/2018
Click Below
Shares of HG Infra Engineering made a quite debut at the bourses on Friday by listing at Rs 270, at par against its issue price of Rs 270 per share on the Bombay Stock Exchange (BSE). The Rajasthan based an infrastructure construction, which has raised Rs 462 crore from the initial public offer (IPO) listed at Rs 270 on the National Stock Exchange (NSE). During the day’s trade so far, scrip of the company touched an intra-day high and low of Rs 276.00 and Rs 252.60 respectively on the BSE. HG Infra has set a price band of Rs263-270 per share for the IPO. The company intends to use proceeds from the fresh issue for purchasing equipment, repayment of debt and meeting general corporate expenses. SBI Capital Markets Ltd and HDFC Bank Ltd are managing the HG Infra share sale. Meanwhile, the broader benchmark BSE Sensex was trading at 33,476.31, up 124.74 points, or 0.37 per cent, at 12:50 hours.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
