Indostar Capital Finance list at 4.9% premium at Rs 600.60 21/05/2018

Indostar Capital Finance list at 4.9% premium at Rs 600.60
21/05/2018
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Indostar Capital Finance Ltd. listed at a premium of 4.9 per cent at Rs 600 per share on the BSE. The issue price was Rs 572. The stock price hit a high of Rs 606.80 and low of Rs 591.10 after good opening. The initial public offer was subscribed 6.8 times during May 9-11. SME lenders such as Shriram City Union Finance Ltd., Capital First Ltd., MAS Financial Services Ltd. and real estate lenders like Piramal Enterprises Ltd. are among the listed rivals of Indostar Capital Finance.

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