The scrip is currently trading at Rs 611.00, up by 61.00 points or 11.09% from its issue price. It has touched a high and low of Rs 614.95 and Rs 600.00 respectively. So far 2.16 lakh shares were traded on the counter.
The offering, which was open for subscription between December 2, 2021 and December 6, 2021, was subscribed 9.78 times. The issue price was fixed at Rs 550 per share i.e. at upper end of price band of Rs 530-550 apiece.
The company is one of the leading non-bank wealth solutions firms in India and has been ranked amongst one of the three largest non-bank mutual fund distributors in India by gross commission earned in Fiscal 2019, 2020 and 2021.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.