IPO listing: TBO Tek shares debut at 55% premium; Aadhar Housing opens flat
TBO Tek shares list at ₹1,426 on the NSE, up 55% over the IPO price of ₹920 apiece; Aadhar Housing Finance debuts flat at ₹315 per share.
TBO Tek shares list at ₹1,426 on the NSE, up 55% over the IPO price of ₹920 apiece; Aadhar Housing Finance debuts flat at ₹315 per share.
The IPO of Aadhar Housing Finance garnered a subdued response from investors on the first day of bidding, with the issue subscribing by 0.44 times.
Ahead of opening of the IPOs, TBO Tek has raised ₹696.51 crore via anchor book, while Aadhar Housing Finance garnered ₹897.9 crore from anchor investors.
The three-day IPO of Aadhar Housing Finance will open on May 8, while shares are expected to list on May 15.
Indegene, Aadhar Housing Finance, and TBO Tek look to collectively raise around ₹5,200 crore via IPO route.