Global Surfaces shares end listing day at 23% premium vs issue price; what Anil Singhvi suggests
Global Surfaces IPO Listing: The stock of Jaipur-based Global Surfaces, a manufacturer of engineered quartz and processor of natural stones, debuted on bourses BSE and NSE at a premium of 16-17 per cent on Thursday, in line with what Zee Business Managing Editor Anil Singhvi had predicted. The listing day for Global Surfaces comes after its IPO, to raise Rs 155 crore, concluded with an overall subscription of more than 12 times the shares on offer.
Global Surfaces IPO Listing: Global Surfaces shares listed at a premium of up to 17 per cent over the issue price, just as Zee Business Managing Editor Anil Singhvi had predicted. | Image: globalsurfaces.in