BS TransComm IPO : Settled at 53.73% premium on debut

by khalid on 27/10/2010 · 0 comments

BS TransComm Limited’s shares got debuted at Rs 254.15, a mere 2.21% premium over its initial public offering (IPO) price of Rs 248.00. At the end of the day, shares price was Rs 381.25 which is a premium of 53.73% over the issue price of Rs 248.00. The stock hit a high of Rs. 398.40 and low of Rs. 239.00 on the day 1. BS TransComm is a manufacturer of towers for telecommunication and power sectors. BS Transcomm plans to provide tower companies with solar and wind power solutions along with its existing fuel management solutions.

Listing day Summary :-
Listing Date: 27th Oct 2010
BSE Scrip Code :
NSE Symbol : BSTRANSCOM
Listing In : ‘B’ Group of Securities
ISIN : INE043K01011
Issue Price : Rs. 248.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

On the NSE:-
Issue Price: Rs. 248.00
Open : 254.15
High : 398.40
Low : 239.00
Close : 381.25
Last Trade : 381.25

BS Transcomm has raised Rs 190.45 crore through an initial public offering of 76,79,410 equity shares.

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