Jana SFB shares list at 4% higher

New Delhi: Shares of Jana Small Finance Bank made a weak debut on the bourses on Wednesday listed with a 4 per cent discount against the issue price of Rs414. The stock started the trade at Rs396 each on both NSE and BSE, a discount of 4.35 per cent over the issue price of Rs414. In the mid-session trade, the 30-share BSE Sensex slumped 237.86 points or 0.33 per cent to 71,317.33 points, while NSE Nifty slipped 0.24 per cent to 21,690.35 points. The initial public offering (IPO) of Jana Small Finance Bank received 18.50 times subscription on the closing day of share sale on February 9.