Vishnu Prakash R Punglia has debuted at Rs 163.30 on the BSE, up by 64.30 points or 64.95% from its issue price of Rs 99.00.
The scrip is currently trading at Rs 147.97, up by 48.97 points or 49.46% from its issue price. It has touched a high and low of Rs 164.45 and Rs 144.00 respectively. So far 22.57 lakh shares were traded on the counter.
The offering, which was open for subscription between August 24, 2023 and August 28, 2023 was subscribed 87.82 times. The issue price was fixed at Rs 99 per share i.e. at upper end of price band of Rs 94-99 apiece.
The Jodhpur-based company has experience in the design and construction of major infrastructure projects for the central and state governments, with ongoing projects in nine states.
