Shares of MV Electrosystems Ltd made a strong debut on bourses, listing at Rs 520 on the National Stock Exchange (NSE), a premium of 22.35 per cent over the issue price of Rs 425. On the BSE, shares settled at Rs 519. On the other hand, shares of Juniper Green Energy listed at Rs 245 on the National Stock Exchange (NSE), a premium of 8.89 per cent over the issue price of Rs 225. On the BSE, the shares settled at Rs 242. While MV Electrosystems was subscribed to a whopping 188.85 times on the closing day of bidding, the Juniper Green Energy IPO was subscribed to 7.97 times on the third day of bidding, on Monday.
According to data available on the National Stock Exchange (NSE), the public issue of MV Electrosystems received bids for 75.30 crore (75,30,51,278) shares against 39.87 lakh (39,87,491) shares on offer. The IPO, priced at Rs 400-425 per share, was fully subscribed on the first day of bidding on Thursday last week. On the other hand, the Rs 1,800-crore IPO of Juniper Green Energy received bids for 2,75,60,874 shares against 5,89,16,709 shares on offer.
Follow the highlights for all the latest updates on MV Electrosystems, Juniper Green Energy IPOs listing on NSE, BSE:
