Vedant Fashions' shares were listed on the BSE today at an 8.08 percent premium over their issue price. Vedant Fashions Limited's stock, which owns ethnic apparel labels like as 'Manyavar' and 'Mohey,' debuted on the BSE for Rs 936. The initial public offering (IPO) was priced at Rs 866.
Vedant Fashions' market capitalization increased to Rs 22,716 crore. On the BSE, 0.41 crore shares of the company changed hands, resulting in a turnover of Rs 3.83 crore.
The shares opened at Rs 935 on the NSE, up 7.97 percent from the IPO issue price. The company's market capitalization risen 11,587 crore. On the NSE, a total of 24.57 lakh shares of the company changed hands, resulting in a turnover of Rs 229.77 crore. The initial public offering took place from February 4 to February 8.
On the third and final day, the issue was subscribed 2.56 times. It got offers for 6.52 crore equity shares, compared to a total of 2.54 crore equity shares available for sale.
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