Elin Electronics makes tepid start, lists at 2% discount
Post listing, Elin Electronics shares declined as much as 3.2% to hit a low of ₹235.25, while it touched a high of ₹244.75 on the BSE.
Post listing, Elin Electronics shares declined as much as 3.2% to hit a low of ₹235.25, while it touched a high of ₹244.75 on the BSE.
The weak listing of KFin Technologies was in line with D-Street expectations as weak equity market sentiments and lukewarm response to its IPO weighed on stock performance.
The ₹1,500-crore IPO of KFin Technologies will open on December 19; Elin Electronics will launch its ₹475 crore issue on December 20.