Tree House Education IPO (Initial Public Offering) : Settled at 13.67% discount on debut

by khalid on 29/08/2011 · 0 comments

Tree House Education IPO

Tree House Education Limited’s shares got debuted at Rs 132.80, a 1.53% discount over its initial public offering (IPO) price of Rs 135.00 on the Bombay Stock Exchange (BSE). At the end of the day, shares price was Rs 116.55 which is a discount of 13.67% over the issue price of Rs 135.00. The stock hit a high of Rs 161.50 and a low of Rs 116.55 on the listing day. A total of 20,166,330 shares changed hands on the BSE. Tree House Education supplies different types of duplex board cartons to over 100 clients in various sectors like FMCG, pharma, electricals, auto ancillary and food.

Listing day Summary :-
Listing Date: 12th August 2011
BSE Scrip Code : 533540
NSE Symbol : TREEHOUSE
Listing In : ‘B’ Group of Securities
ISIN : INE040M01013
Issue Price : Rs. 135.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

On the BSE:-
Issue Price: Rs. 135.00
Open : 132.80
High : 161.50
Low : 116.55
Close : 116.55
Last Trade : 116.55

Tree House Education Limited has raised Rs 113.83 crore through an initial public offering of 8,432,189 equity shares.

Stay tuned to BelltheBull Blog for more on Tree House Education Limited IPO !

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