Sandhar Technologies has debuted at Rs 345.00 on the BSE, up by 13 points or 3.91% from its issue price of Rs 332.
The scrip is currently trading at Rs 343.35, up by 11.35 points or 3.42% from its issue price. It has touched a high and low of Rs 351.45 and Rs 338.05 respectively. So far 7,89,000 shares were traded on the counter.
The offering, which was open for subscription between March 19, 2018 and March 21, 2018, was subscribed 6.2 times. The issue price was fixed at Rs 332 per share i.e. at upper end of price band of Rs 327 - 332 apiece.
Sandhar Technologies is an OEM component supplier with manufacturing plants in India, Spain, Poland and Mexico.
