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Capacit’e Infraprojects makes stellar debut; list with 60% premium on the bourses

25 Sep 2017 Evaluate

Capacit’e Infraprojects debuted at Rs 399.00 on the BSE, up by 149 points or 59.60% from its issue price of Rs 250.

The scrip is currently trading at Rs 347.35, up by 97.35 points or 38.94% from its issue price. It has touched a high and low of Rs 399.00 and Rs 335.65 respectively. So far 17,35,000 shares were traded on the counter.

The issue, which was open for subscription between September 13, 2017 and September 15, 2017, was subscribed by more than 186 times. The issue price was fixed at Rs 250 per share i.e. at upper end of price band of Rs 245-250 apiece.

The company is a fast growing construction company focussed on Residential, Commercial and Institutional buildings. It provides end-to-end construction services for residential buildings, multi level car parks, corporate office buildings and buildings for commercial purposes and buildings for educational, hospitality and healthcare purposes.

 

Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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