New Delhi, Oct 1 (PTI) Shares of Epack Prefab Technologies on Wednesday ended with a discount of 6.5 per cent against the issue price of Rs 204.
The stock made its market debut at Rs 186.10, a discount of 9.87 per cent from the issue price on the BSE. Later, it ended at Rs 191.10, down 6.32 per cent.
At the NSE, the stock listed at Rs 183.85, a decline of 9.87 per cent. It later ended at Rs 190.66, down 6.53 per cent.
The company’s market valuation stood at Rs 1,919.64 crore.
The initial share sale of Epack Prefab Technologies Ltd fetched 3.07 times subscription on the final day of bidding on Friday last week.
The Rs 504 crore initial public offer had a price band of Rs 194-204 per share.
The company’s IPO had a fresh issue of shares worth Rs 300 crore and an offer for sale (OFS) of