HG Infra makes listless debut; lists at par against issue price of Rs 270

At 10:05 am; the stock was trading at Rs 268, 1% lower against issue price on the BSE.

HG Infra Engineering (HGIEL) has made a listless debut on the bourses by listing at Rs 270, at par against its issue price of Rs 270 per share on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The stock fell below its issue price to Rs 265 after hitting high of Rs 275 on few seconds of its listing.

At 10:05 am; it was trading at Rs 268 on the BSE. A combined 4.51 million shares changed hands on the counter on the BSE and NSE so far.

The Rs 4,620 million initial public offer