Capacit’e Infraprojects Limited has made a strong debut in weak market by listing at Rs 399, a 60% premium against its initial public offer (IPO) price of Rs 250 per share on the National Stock Exchange (NSE) and BSE (Bombay Stock Exchange). At 10:02 am, the stock was trading 47% higher at Rs 367 against its issue price on BSE, as compared to 0.71% decline in the benchmark S&P BSE Sensex.
A combined 5.38 million shares changed hands on the counter on BSE and NSE so far. Capacit'e Infra, a Mumbai-based construction company, IPO saw a whopping 186-times subscription. The ...
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