Four firms list on the bourses
Four companies, Atlanta Ltd, KEW Industries, Deep Industries and Bihar Tubes, have listed on stock exchanges.india Updated: Sep 25, 2006 13:40 IST
Four companies—Atlanta Ltd, KEW Industries, Deep Industries and Bihar Tubes—listed on stock exchanges on Monday.
Atlanta, engaged in the business of construction, infrastructure and mining, listed at Rs 170 on the Bombay Stock Exchange at a 13.33 per cent premium over its offer price of Rs 150.
It had entered the capital market with an initial public offering of 1.63 crore equity shares of Rs 10 each.
Auto component manufacturer KEW Industries listed at Rs 35.50 on the BSE at a 18.33 per cent premium over its offer price of Rs 30. Deep Industries on the other hand, listed at Rs 49, up 36.11 per cent from its offer price of Rs 36.
KEW had come out with an IPO of about 1.28 crore equity shares of Rs 10 each and Deep, provider of air and gas compression services to oil and gas exploration companies, had entered the capital market with an IPO of two crore shares of Rs 10 each.
The fourth firm to list, Bihar Tubes debuted at Rs 45 on the BSE.