ARSS Infrastructure IPO : Lists with big gain

by khalid on 03/03/2010 · 0 comments

ARSS Infrastructure IPO listed with a huge premium of Rs 190 per share in BSE. The equity share of ARSS Infrastructure Projects Ltd. got listed today 3rd March 2010 at Rs 640 while it was alloted at Rs 450. The share of ARSS Infra get intra day high of Rs 754.70 on BSE and a intra day low of Rs 640.00. At the end of the day share of ARSS Infra closed at Rs 736.30 on BSE. The IPO was open from 8th Feb 2010 to 11th Feb 2010 and got incredible response from investors as it was oversubscribed 47.62 times (18.54 times in retail). The IPO has recieved overwhelming response from all categories, the maximum response was from HNI Category and it was 124.53 times.

IPO Listing Detail:-
Listing Date : 3rd Feb 2010
BSE Script Code : 533163
NSE Symbol : ARSSINFRA
ISIN : INE267I01010
Listing In : B Group
Issue Price : Fixed at Rs 450.00 Per Share
Face Value : Rs. 10.00 Per Share

The equity shares of the company got listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

BSE prices :
Open : 640.00
High : 754.70
Low : 640.00
Close : 736.30

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