Silverpoint Infratech closes at Rs 13.60 on Day 1
Silverpoint Infratech touched an intraday low of 12.40 after opening at Rs 13 per share. It traded with volumes of 5.2 lakh equity shares on the exchange.
August 28, 2013 / 17:00 IST
Silverpoint Infratech shares closed at day's high of Rs 13.60 on the BSE SME platform, down 9 percent from its issue price of Rs 15 apiece.
It touched an intraday low of 12.40 after opening at Rs 13 per share. It traded with volumes of 5.2 lakh equity shares on the exchange.The 80 lakh shares public issue of the West Bengal-based land development services provider was opened between August 12 & August 14, 2013.
The objects of the offer were to achieve the benefits of listing the equity shares on the stock exchanges and to carry out the sale of 80,00,000 equity shares by the selling shareholders.
The company is currently engaged in the providing land development, construction services and other related services for civil & structural construction and infrastructure sector projects.Also Read: Tiger Logistics IPO price looks unattractive: VS Fernando 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!
