Vidya Wires Limited Lists at ₹52.13 on BSE, Trades Above Issue Price
Vidya Wires Limited debuted on BSE at ₹52.13 per share, trading above its IPO issue price of ₹52.00. The listing reflects a modest premium of ₹0.13, representing approximately 0.25% gains over the offer price. The successful market debut enables regular trading of the company's shares on the exchange.
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Vidya Wires Limited made its stock market debut on the Bombay Stock Exchange (BSE), with shares opening at ₹52.13 per share. The listing price represents a modest premium over the company's initial public offering (IPO) issue price of ₹52.00 per share.
Listing Performance Overview
The company's shares commenced trading with a marginal gain, reflecting investor response to the public offering. The listing details demonstrate the market's initial reception of the new entrant.
| Parameter: | Details |
|---|---|
| Listing Price: | ₹52.13 |
| Issue Price: | ₹52.00 |
| Premium: | ₹0.13 |
| Percentage Gain: | 0.25% |
| Exchange: | BSE |
Market Debut Details
The stock's debut on BSE marks the completion of Vidya Wires Limited's transition from a private entity to a publicly traded company. The listing price of ₹52.13 indicates a stable market reception, with shares trading slightly above the offer price.
The marginal premium suggests measured investor interest in the company's public offering. Trading activity will provide further insights into market sentiment and investor appetite for the newly listed shares.
Trading Commencement
With the successful listing on BSE, Vidya Wires Limited shares are now available for regular trading activities. The company joins the roster of publicly traded entities on the exchange, enabling broader investor participation in its equity.
The listing represents a significant milestone for the company, transitioning from private ownership to public market accessibility. Investors can now participate in the company's equity through regular market transactions on the BSE platform.
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