Inox India lists with 41.39% premium on the BSE
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Inox India has debuted at Rs 933.15 on the BSE, up by 273.15 points or 41.39% from its issue price of Rs 660.
The scrip is currently trading at Rs 888.00, up by 228.00 points or 34.55% from its issue price. It has touched a high and low of Rs 978.90 and Rs 855.20 respectively. So far 9.24 lakh shares were traded on the counter.
The offering, which was open for subscription between December 14, 2023 and December 18, 2023 was subscribed 61.28 times. The issue price was fixed at Rs 660 per share i.e. at upper end of price band of Rs 627-660 apiece.
Inox India is the largest supplier of cryogenic equipment in India. It has many years of experience offering solutions across design, engineering, manufacturing and installation of equipment and systems for cryogenic conditions.
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