The stock listed at Rs 288, up 40.48 per cent as compared to the issue price on the BSE. Later, it gained 44 per cent to reach Rs 295.40.
On the NSE also it debuted 40.48 per cent higher at Rs 288.
The initial public offer (IPO) of VRL Logistics had earlier this month received stupendous response from investors where the share sale got subscribed over 74 times.
This is the first IPO in recent times where the subscription has crossed the 70-times mark.
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