Thinksoft Global rises over 32% on listing day
Thinksoft Global Services listed today and at the end of the first day trading session it gained a huge premium of 32.80% to its issue price of Rs 125. The share closed at Rs 166 on the NSE.
On the debut day the share of Thinksoft Global touched an intraday high of Rs 169.80 and intraday low of Rs 126. The total traded turnover was at Rs 407.69 crore.
The IPO was of 36,46,000 equity shares and was subscribed 2.57 times. It opened for subscription during 22Sep 09 to 1 Oct 09.
The company had reduced its IPO price band to Rs 115-125 from Rs 120-130 per share, due to lukeward response from investors.
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