These 3 shares including Vishal Mega Mart got bumper listing, those who invested in IPO had fun

Three shares have been listed on the stock exchanges today on Wednesday. All three shares have been listed at a good premium. The share of financial technology company One Mobikwik Systems Limited has been listed with a jump of more than 58 percent from its IPO price of Rs 279. The company’s share has been listed at Rs 442.25 on BSE, up 58.51 percent. Later it rose 87.81 percent to reach Rs 524. On NSE, the stock debuted at Rs 440 with a jump of 57.70 percent. The market valuation of the company was Rs 3,435.68 crore. One Mobikwik Systems Limited’s IPO received 119.38 times subscription on the last day of bidding last Friday. The price band in the company’s Rs 572 crore IPO was Rs 265-279 per share.

Sai Life Sciences

Sai Life Sciences’ stock was listed in the market on Wednesday with a jump of more than 20 percent compared to its issue price of Rs 549. The stock was listed on the BSE at Rs 660 with a gain of 20.21 percent. After this, it climbed 27.86 percent to Rs 702. On NSE, the stock debuted at Rs 650 with a gain of 18.39 percent. The market valuation of the company was Rs 14,493.75 crore. Sai Life Sciences’ IPO had received 10.26 times subscription till Friday, the third and last day of the share sale. The company’s IPO was a combination of new shares worth Rs 950 crore and a sale offer (OFS) of 3.81 crore shares worth Rs 2,092 crore. The price band for this was fixed at Rs 522-549 per share. 

Vishal Mega Mart

Vishal Mega Mart’s share is listed on NSE at Rs 104 with a premium of 33 per cent over the issue price of Rs 78. The company’s share is listed on BSE at Rs 110 with a premium of 41 per cent. This Rs 8000 crore issue was the fourth largest IPO of the year 2024.