Author Topic: Talwalkars gets a decent debut on the bourses  (Read 8641 times)

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sunil

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Talwalkars gets a decent debut on the bourses
« on: May 10, 2010, 09:31:57 AM »
Talwalkars is currently trading at Rs 152.10, up by 34 points or 26.56% from its issue price and has touched a high and low of Rs 152.50 and 132 respectively. So far 2324311 shares were traded on the counter.

Talwalkars Better Value Fitness came up with a 100% book building, initial public offering (IPO) of 60, 50,000 shares to raise about Rs 774.4 million.

The issue had received overwhelming response from investors and was subscribed 27.40 times. The price for the issue had been fixed at Rs 128 per share i.e. at the higher end of the price band of Rs 123-128 apiece.