 "Housing")
Shares of housing finance company Aavas Financiers has made a weak debut, as the scrip got listed at Rs 750, 9% below its issue price of Rs 821 on the National Stock Exchange (NSE) on Monday.
The stock opened 8% lower at Rs 758 on the BSE, It dipped 14% to Rs 710 against its issue price post listing. At the close, the stock price stood at Rs 771 on NSE, down 6 per cent from its issue price.
Aavas Financiers had raised Rs 17.34 billion through initial public offer (IPO). The IPO, which opened from September 25-27,
The stock opened 8% lower at Rs 758 on the BSE, It dipped 14% to Rs 710 against its issue price post listing. At the close, the stock price stood at Rs 771 on NSE, down 6 per cent from its issue price.
Aavas Financiers had raised Rs 17.34 billion through initial public offer (IPO). The IPO, which opened from September 25-27,
