Bharatiya Global Infomedia IPO (Initial Public Offering) : Settled at 62.26% discount on debut

by khalid on 28/07/2011 · 0 comments

Bharatiya Global Infomedia Limited’s shares got debuted at Rs 84.00, a 2.43% premium over its initial public offering (IPO) price of Rs 82.00 on the Bombay Stock Exchange (BSE). At the end of the day, shares price was Rs 30.95 which is a discount of 62.26% over the issue price of Rs 82.00. The stock hit a high of Rs 84.00 and a low of Rs 27.15 on the listing day. A total of 40,722,694 shares changed hands on the BSE. Bharatiya Global Infomedia Limited (BGIL) is in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio.

Listing day Summary :-
Listing Date: 28th July 2011
BSE Scrip Code : 533499
Listing In : ‘B’ Group of Securities
ISIN : INE224M01013
Issue Price : Rs. 82.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

On the BSE:-
Issue Price: Rs. 82.00
Open : 84.00
High : 84.00
Low : 27.15
Close : 30.95
Last Trade : 30.95

Bharatiya Global Infomedia Limited has raised Rs 55.10 crore through an initial public offering of 6,720,000 equity shares.

Stay tuned to BelltheBull Blog for more on Bharatiya Global Infomedia IPO !

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