Vibhor Steel Tubes lists with 178.81% premium on the BSE
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Vibhor Steel Tubes has debuted at Rs 421.00 on the BSE, up by 270 points or 178.81% from its issue price of Rs 151.
The scrip is currently trading at Rs 442.00, up by 291.00 points or 192.72% from its issue price. It has touched a high and low of Rs 442.00 and Rs 421.00 respectively. So far 0.98 lakh shares were traded on the counter.
The offering, which was open for subscription between February 13, 2024 and February 15, 2024 was subscribed 298.86 times. The issue price was fixed at Rs 151 per share i.e. at upper end of price band of Rs 141-151 apiece.
Vibhor Steel Tubes manufactures, exports and supplies steel pipes and tubes to various heavy engineering industries in India.
