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Tarsons Products makes a decent debut, lists at 6% premium to issue price

Post listing, the stock rallied by up to Rs 808, a 22 per cent premium to issue price of Rs 662 on the BSE

initial public offerings
premium

SI Reporter Mumbai
Tarsons Products (TPL) made a decent stock market debut on the bourses as the stock listed at Rs 700, a 6 per cent premium to issue price of Rs 662 on the BSE on Friday. On the National Stock Exchange (NSE), the stock opened at Rs 682, a 3 per cent higher against its issue price.

Post listing, the stock rallied up to Rs 808, a 22 per cent premium to issue price on the BSE. At 10:04 am; the stock was up 14 per cent at Rs 798, as compared to 1.6 per cent decline in the S&P