AU Small Finance Bank debuted at Rs 525.00 on the BSE, up by 167 points or 46.65% from its issue price of Rs 358.
The scrip is currently trading at Rs 513.50, up by 155.50 points or 43.44% from its issue price. It has touched a high and low of Rs 544.00 and Rs 506.80 respectively. So far 1,76,38,000 shares were traded on the counter.
The offering, which was open for subscription between June 28 and June 30, was subscribed 53.60 times. The issue price was fixed at Rs 358 per share i.e. at upper end of price band of Rs 355-358 apiece.
AU Small Finance Bank is Jaipur Rajasthan based non-banking finance company focused on retail segment serving low and middle income individuals and businesses that have limited or no access to formal banking and finance channels.
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