Apex Frozen Foods was trading at Rs 209.85 at 11:10 IST on BSE, a premium of 19.91% over the issue price of Rs 175 on its debut on the stock exchanges today, 4 September 2017.
Meanwhile, the S&P BSE Sensex was down 105.96 points or 0.33% at 31,786.27.
The stock opened at Rs 199.90, a premium of 14.22% over the issue price. The stock had hit a high of Rs 209.85 and a low of Rs 195 so far during the day. On the BSE, 2.29 lakh shares were traded on the counter so far.
The initial public offer (IPO) of Apex Frozen Foods received strong response from investors. The IPO was subscribed 6.14 times. The company had fixed the IPO price band at Rs 171 to Rs 175 per share.
Apex Frozen Foods is one of the integrated producers and exporters of shelf stable quality aquaculture products.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)