 "IPO")
Security and Intelligence Services (India) (SIS) made a decent debut, listing at Rs 879 on the National Stock Exchange (NSE), an 8% premium against its initial public offer (IPO) price of Rs 815 per share. However, the stock erased all its intraday gains to settle lower.
On BSE, the scrip settled at Rs 756, down 7% against its issue price, and 13% against its opening price. The stock had opened at Rs 875, 7.4% higher against its issue price.
The Rs 780-crore public issue, which was opened for subscription between July 31 and August 2, was oversubscribed 7 times.
Qualified
