S Chand and Company debuted at Rs 707.00 on the BSE, up by 37 points or 5.52% from its issue price of Rs 670.
The scrip is currently trading at Rs 667.90, down by 2.10 points or 0.31% from its issue price. It has touched a high and low of Rs 707.00 and Rs 658.00 respectively. So far 9,95,000 shares were traded on the counter.
The offering, which was open for subscription between April 26 and April 28, was subscribed 59.28 times. The issue price was fixed at Rs 670 per share i.e. at upper end of price band of Rs 660-670 apiece.
Incorporated in 1970, S Chand And Company operates as an education content company in India. The company develops and delivers content, solutions, and services in the education K-12, higher education, and early learning segments.
