Shriram Properties share listed at Rs 94, a decline of 20.33 per cent from the issue price on the BSE. It further tumbled 22.24 per cent to Rs 91.75. On the NSE, it made debut at Rs 90.
Shriram Properties IPO comprises fresh issuance of equity shares worth Rs 250 crore and an offer for sale of Rs 350 crore. The price band for the offer is Rs 113-118 per share.
The three-day initial public offering (IPO) will conclude on December 10, the bidding for anchor investors will open on December 7, according to the company statement.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
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