V-Mart Retail slips after a positive debut

Stock had debuted at a 2.86% premium

Shares of newly listed V-Mart Retail slipped in the morning trades after debuting at a premium of 2.86% to the initial public offer price of Rs 210, on the BSE.
 
At 1100hrs, the stock was down 4.75% at Rs 205 which is also the low thus far. The stock opened at Rs 216 and over 1 lakh shares have been traded.
 
The New Delhi-based multi-brand retail chain IPO was subscribed 1.19 times. The retail investors portion was subscribed 0.79 times.