 "TeamLease IPO subscribed 90% ahead of close")
TeamLease Services surged 16% to Rs 2,190 on the National Stock Exchange (NSE) in intra-day trade on Wednesday after T Rowe Price bought stake through open market.
On November 21, 2017, T Rowe Price International A/C – T Rowe Price International Small-cap Equity Trust and International Discovery Fund had purchased over 836,544 shares, representing 4.9% stake of TeamLease Services for about Rs 158 crore. The foreign portfolio investors purchased these shares at price of Rs 1,885 per share through NSE, the bulk deal data shows.
However, Gaja Capital India Fund and GPE India together sold over 810,000 shares
On November 21, 2017, T Rowe Price International A/C – T Rowe Price International Small-cap Equity Trust and International Discovery Fund had purchased over 836,544 shares, representing 4.9% stake of TeamLease Services for about Rs 158 crore. The foreign portfolio investors purchased these shares at price of Rs 1,885 per share through NSE, the bulk deal data shows.
However, Gaja Capital India Fund and GPE India together sold over 810,000 shares
