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GTPL Hathway makes a tepid listing

At 10:02 am; the stock was trading 2% higher at Rs 173 from its issue price of Rs 170 per share.

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SI Reporter Mumbai
GTPL Hathway has made a quiet listing by opening at Rs 170, at par against its initial public offer (IPO) price on the BSE. The stock dipped to Rs 162, below IPO price of Rs 170 after few seconds of its listing.

At 10:02 am; it was trading 2% higher at Rs 173 from its issue price. It hit high of Rs 175 so far. A combined 4.63 million shares have changed hands on the counter on BSE and NSE.

GTPL Hathway (GTPL) raised nearly Rs 485 crore through the public issue, by issuing shares at Rs 170