Mamata Machinery IPO had a lot of 61 shares, so the retail per lot profit for the shareholders is Rs 21,777. It was the highest per lot profit for shareholders among those listed today.
mamata machinery share
Shares of five companies—Mamata Machinery, Transrail Lighting, DAM Capital Advisors, Sanathan Textiles and Concord Enviro Systems—made their stock market debut on December 27, Friday. All five issues delivered strong listing gains following robust investor demand in the primary market.
Mamata Machinery Ltd, a packaging machinery manufacturer, emerged as the top performer, listing at Rs 600 per share on the NSE, a significant premium of 146.91 percent over its issue price of Rs 243 apiece.
Mamata Machinery IPO had a lot of 61 shares, so the retail per lot profit for the shareholders is Rs 21,777. It was the highest per lot profit for shareholders among those listed today.
Concord Enviro Systems Ltd also saw a strong debut, with its shares listing at Rs 832 on the BSE, a rise of 18.68 percent from the issue price of Rs 701. The stock further climbed to Rs 849.50, marking a total gain of 21.18 percent. On the NSE, it debuted at Rs 826, up 17.83 percet. The company’s market valuation stood at Rs 1,764.97 crore. The IPO of Concord Enviro Systems was subscribed 10.67 times on the final bidding day.
mamata machinery share
Investment bank DAM Capital Advisors Ltd listed with a 38.83 percent premium at Rs 392.90 on the BSE against its issue price of Rs 283. The stock later surged further to Rs 456.90, up 61.44 percent. On the NSE, it opened at Rs 393, reflecting a 38.86 percent gain.
Shares of Transrail Lighting made a strong debut as well, opening at Rs 585.15 on the BSE, up 35.45 percent from the issue price of Rs 432. The stock later surged to Rs 604, marking a total gain of 39.81 percent. On the NSE, it listed at Rs 590, reflecting a 36.57 percent increase. The company’s market valuation stood at Rs 7,757.31 crore.
Sanathan Textiles shares listed at Rs 419.10 on the BSE, a premium of 30.56 percent over its issue price of Rs 321. The stock climbed further to Rs 422.65, registering a 31.66 percent gain. On the NSE, it opened at Rs 422.30, up 31.55 percent.
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