Just Dial up 15% on debut; lists at Rs 590
Shares of Just Dial listed at Rs 590 on Bombay Stock Exchange, up 11 percent over its issue price of Rs 530 a share on today.
June 05, 2013 / 10:46 IST
Moneycontrol Bureau
Just Dial, a service provider over phone and internet listed at Rs 590 on Bombay Stock Exchange, up 11 percent over its issue price of Rs 530 apiece.The issue price was fixed at Rs 530 per share, however the retail investors were allotted shares at a discount price of Rs 483 per share.The company had fixed the issue price band at Rs 470-543, which was over-subscribed 11.63 times. The issue was opened for subscription between May 20 and May 22, 2013. The company is mainly engaaged in providing search services over phone and Internet.Also Read: Onesource Techmedia lists at Rs 12.40 on BSE SMEThe company has already raised over Rs 208 crore through issue of 39.37 lakh equity shares to anchor investors including Goldman Sachs India Fund, HSBC Bank (Mauritius) Ltd, Birla Sunlife Trustee Company Pvt Ltd, DSP Blackrock Opportunities Fund and Deutsche Securities Mauritius Ltd.Citi and Morgan Stanley are the book running lead managers to the issue. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
