Acropetal Technologies IPO : Settled at 9.39% premium on debut

by khalid on 10/03/2011 · 0 comments

Acropetal Technologies Limited shares got debuted at Rs 92.10, a just 2.72% premium over its initial public offering (IPO) price of Rs 90.00 on the National Stock Exchange (NSE). At the end of the day, shares price was Rs 98.45 which is a premium of 9.39% over the issue price of Rs 90.00. The stock hit a high of Rs. 140.00, a premium of 52.12% over an issue price of Rs 90 and low of Rs. 87.40 on the listing day 10th March 2011. A total of 56,099,472 shares changed hands on the NSE on first day of trading. Acropetal Technologies Limited is mid-tier IT services and products firm which offers Information Technology (IT) outsourcing services to clients in Engineering Design Services, Healthcare, and Energy and Environment sectors.

Listing day Summary :-
Listing Date: 10th March 2011
BSE Scrip Code : 533330
Listing In : ‘B’ Group of Securities
ISIN : INE055L01013
Issue Price : Rs. 90.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

On the NSE:-
Issue Price: Rs. 90.00
Open : 92.10
High : 140.00
Low : 87.40
Close : 98.45
Last Trade : 98.45

Acropetal Technologies Limited has raised Rs 170.00 crore through an initial public offering of 19,318,181 equity shares.

Stay tuned to BelltheBull Blog for more news on Acropetal Technologies IPO !

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