SS Retail, Hero Motors, and Jindal Supreme Debut on NSE and BSE
2 reports, 2 independent
Updated Sep 23
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What happened
SS Retail, Hero Motors, and Jindal Supreme successfully debuted on the NSE and BSE on Wednesday. SS Retail made a strong debut on the BSE, listing at Rs 639.10. This represented a premium of 50.73 per cent over its IPO price of Rs 424. The stock later climbed to a high of Rs 724.35, achieving a gain of 70.83 per cent over the issue price.
From businesstoday.in
Why it matters
The successful debuts introduce the companies to public market trading, allowing them to raise capital and establish market presence. This marks a significant entry point for the automotive, retail, and steel sectors into the public markets.
From businesstoday.in