BLS E-Services shares turn multibagger on BSE, NSE listings; stock debuts at 130% premium

Ahead of listing, shares of BLS E-Services were commanding a grey market premium of Rs 155-160 apiece, signaling a listing pop of 117-120 per cent to the investors over its issue price.

Join Our WhatsApp Channel

Pawan Kumar Nahar

Updated Feb 6, 2024 9:59 AM IST

BLS E-Services shares turn multibagger on BSE, NSE listings; stock debuts at 130% premium

The issue was oversubscribed a whopping 162.40 times, thanks to solid buying interest from all categories of investors.

SUMMARY

BLS E-Services shares debuted at 130% premium on NSE.
The stock was listed at Rs 305 on BSE, a premium of 126%.
Grey market premium stood at Rs 155-160 before listing.

Also read: YES Bank, IndusInd Bank shares rally as HDFC Bank gets RBI nod to buy stakes

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

Published on: Feb 6, 2024 9:59 AM IST

BLS E-Services shares turn multibagger on BSE, NSE listings; stock debuts at 130% premium

Ahead of listing, shares of BLS E-Services were commanding a grey market premium of Rs 155-160 apiece, signaling a listing pop of 117-120 per cent to the investors over its issue price.

TOP STORIES

TOP VIDEOS