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NSE Share Price: Stock Lists at ₹1,809.10, Touches ₹1,844

NSE Share Price: Stock Lists at ₹1,809.10, Touches ₹1,844

NSE share price made its market debut at ₹1,809.10, against the IPO issue price of ₹1,785 per share, marking a 1.35% premium over the upper end of the price band.

The stock subsequently touched an intraday high of ₹1,844, taking the gain to ₹59 per share, or 3.31%, compared with the IPO issue price.

The NSE IPO had a lot size of 8 shares, requiring an investment of ₹14,280 at the upper issue price of ₹1,785. At the listing price of ₹1,809.10, investors who received one lot earned a notional profit of ₹192.80. If sold at the intraday high of ₹1,844, the profit would have been ₹472 per lot.

The IPO was subscribed 5.71 times overall, with the QIB category subscribed 12.68 times. The NII category was subscribed 6.55…

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