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Capacit'e Infra makes strong debut; lists at 60% premium against IPO price

Capacit'e Infra has made a strong debut in weak market by listing at Rs 399, a 60% premium against its IPO price of Rs 250 per share on the NSE and BSE.

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SI Reporter Mumbai
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.