D-Mart's listing price at Rs 604 against IPO price of Rs 299 per share
Price band for the issue was fixed at upper band of Rs 299 per share. Photo: Youtube
Avenue Supermart Limited (ASL, that attracted over 105 times bids for its shares saw listing price of over Rs 604 per share on BSE Sensex on Tuesday.
At Rs 604.40 per share, the listing price is 102.14% or Rs 305.40 higher than its issue price of Rs 299 per share.
ASL launched its initial public offering (IPO) on March 08, 2017 which closed on March 10, 2017.
The company raised Rs 1,870 crore from the issue and got oversubscribed by a staggering 104.48 times at the end of the three-day bidding.
Price band for the issue was fixed at upper band of Rs 299 per share.