 "Shalby makes sluggish debut after Rs 504-cr IPO; stock lists 3.5% lower")
The stock listed at Rs 237, down 4.43 per cent from the issue price on BSE. During the day, it dipped 4.77 per cent to Rs 236.15. It finally ended at Rs 239.25, a loss of 3.52 per cent.
At NSE, shares of the company slipped 3.38 per cent to close at Rs 239.60.
In terms of equity volume, 18.05 lakh shares of the company were traded on BSE and over 10 million shares changed hands at NSE during the day.
The IPO proceeds will be utilised for repayment of loans and purchase of medical equipment.
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