CreditAccess Grameen has debuted at Rs 385.00 on the BSE, down by 37 point or 8.77% from its issue price of Rs 422.
The scrip is currently trading at Rs 409.70, down by 12.30 points or 2.91% from its issue price. It has touched a high and low of Rs 414.80 and Rs 385.00 respectively. So far 5,93,000 shares were traded on the counter.
The offering, which was open for subscription between August 8, 2018 and August 10, 2018, was subscribed 2 times. The issue price was fixed at Rs 422 per share i.e. at upper end of price band of Rs 418 - 422 apiece.
CreditAccess Grameen is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India. Its wide range of lending products addresses the critical needs of its customers throughout their life cycle and includes income generation, family welfare, home improvement and emergency loans.
Company Name | CMP |
---|---|
Bajaj Finance | 7155.35 |
Shriram Finance | 2551.30 |
Aditya Birla Capital | 236.65 |
SBI Cards AndPayment | 714.10 |
L&T Finance | 166.10 |
View more.. |