Business2 sources
M.K. Sons Fine Jewels Shares List at 6% Premium Over IPO Price
- M.K. Sons Fine Jewels shares listed at a 6% premium over the IPO price on BSE and NSE.
- The stock opened at Rs 171, compared to its issue price of Rs 162.
- The IPO was a book-built issue with a fresh issue of 1.36 crore shares and an OFS of 34 lakh shares.
- The total IPO size was Rs 275.40 crore, comprising Rs 220.32 crore from the fresh issue and Rs 55.08 crore from the OFS.
- The shares were listed on Wednesday, with no further details on future performance or market reactions provided.