Saatvik Green Energy listing: Shares of Saatvik Green Energy debut on D-street with a listing at par to the issue price on Friday, September 26. The stock opened for trade at Rs 465 on NSE and Rs 460 on BSE, down 1.08 per cent from the issue price.
Listing in line with market guru Anil Singhvi's expectations:
Earlier on Friday, Zee Business Managing Editor Anil Singhvi had predicted the stock to list at near or slightly above the issue price of Rs 465.
The issue did not get much response from the investors and was subscribed only 6.6 times.
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He suggests investors must keep the stop loss below the IPO price.
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Saatvik Green Energy IPO highlight