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Salasar Techno Engineering IPO Lists At 251.94% Premium

Salasar Techno Engineering IPO Lists At 251.94% Premium:

Salasar Techno Engineering Ltd (STEL) IPO finally listed on NSE and BSE on 25th July 2017. And its investors who have subscribed for listing gain and had got allotment will be really happy.

As told earlier that people were expecting it to list at some good premium and it has started trading on with very good grey market premium while it kept changing up and down as the listing day approached.

As We know Salasar Techno Engineering Ltd IPO subscription figures were also good. So only few investors have got its shares.

Salasar Techno Engineering Ltd IPO allotment price is Rs 108 per equity share and was over subscribed by 273 times. Salasar Techno Engineering Ltd IPO Lists At Rs 272.10 at closing.

In last several issues while others were really successful IPO’s and given handsome gains on listing day this IPO also turned well with the expectations of investors. It made a day high of Rs. 272.10 and day low of Rs. 250 at BSE.

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Au Financiers Ltd (AUFL) IPO also able to list successfully and gave its investors over 51% listing gains.

While Salasar Techno Engineering Ltd IPO (STEL IPO) lists at over 150% gain on first day itself.

Security and Intelligence Services Ltd IPO (SIS IPO) is going to hit market from July 31, 2017 – August 02, 2017. While Cochin Shipyard Ltd IPO (CSL IPO) is also going to hit market from August 01, 2017 – August 03, 2017.

Cochin Shipyard IPO Grey Market Premium (GMP) is trading at Rs 105 – Rs 110 per equity share. While Security and Intelligence Services IPO Grey Market Premium is trading at Rs 120 – Rs 125 per equity share.

Some SME IPO will also be active in market in coming week.

This year we can see some good IPO hitting market like NSE Ltd IPOHDFC Standard life insuranceSBI life insurance IPO etc.

Keep watching this blog to keep yourself updated with all the news.

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