India Shelter up 12.5% in debut trade

New Delhi: Shares of India Shelter Finance Corporation Ltd on Wednesday ended with a premium of 12.5 per cent against the issue price of Rs 493. The stock made its debut at Rs 612.70, rallying 24.27 per cent from the issue price on the BSE.

During the day, it climbed 26.77 per cent to Rs625. Shares of the company ended at Rs543.50 apiece, up 10.24 per cent. On the NSE, shares of the company were listed at Rs 620, reflecting a jump of 25.76 per cent.

The stock ended at Rs 555 per piece, climbing 12.57 per cent. The company’s market valuation stood at Rs 5,818.23 crore.