IPO Listings: 3 companies entered the share market today, know who gave the highest profit to the investors
Share Market Today: Shares of many companies will be listed in the stock market in the last trading week of 2023. Today i.e. on 27th December 2023 (Wednesday), 3 companies will be listed in the stock market. If you are planning to invest in the share market then you have a great opportunity. Let us know in this report what is the price of which company's stock?
The process of listing is still going on in the share market. Today i.e. on 27 December 2023 (Wednesday), shares of 3 companies will be listed in the stock market. The stocks of Happy Forgings, Mufti and Company are listed on BSE and NSE today. In this report, let us know how much profit investors have made from the shares of companies.
Happy Forgings Stock Price
Today, shares of auto component manufacturing company Happy Forgings Limited were listed with a premium of about 18 per cent. The issue price of the company's shares was Rs 850. The company's stock made its debut at Rs 1,001.25, representing a jump of 17.79 per cent from the issue price on BSE. It rose 20.75 per cent to Rs 1,026.45.
At the same time, it was listed on NSE at Rs 1,000 with a gain of 17.64 per cent. The market valuation of the company stood at Rs 9,374.33 crore during early trading this morning. Investors had shown interest in the company's IPO. The company's IPO was subscribed 82.04 per cent on Thursday last week.
Mufti Share Price
The shares of Credo Brands Marketing Ltd, the parent company of denim brand Mufti, have been listed in the market. The company's shares had a weak start this morning. After this, there was a slight rise in the company's stock. The company's stock listed marginally higher by about 1 per cent against its issue price of Rs 280.
Today the stock was listed at Rs 282 on BSE, up 0.71 per cent from the issue price. After this, it jumped 6.71 per cent to Rs 298.80. On NSE, the stock opened at Rs 282.35, up 0.83 per cent. The market valuation of the company stood at Rs 1,834.21 crore during morning trade today. The company's IPO received 51.85 times subscriptions on the last day.
RBZ Jewelers Stock Price
Today RBZ Jewelers has been listed in the stock market. The company's issue was listed at a flat level. Today shares of RBZ Jewelers are listed at Rs 100 per share. The issue price of the company's shares was Rs 100 per share. This means that investors have not received any benefit from the listing of this share.
