MUMBAI, 10 JULY, 2017 (GPN) : AU Small Finance Bank on Monday made a strong debut on BSE, as the scrip got listed at Rs 525, a 46.65 per cent premium to the issue price of Rs 358 apiece.
The scrip eventually closed the day at Rs 541.20, up Rs 183.20 or 51.17 per cent. At this price, the bank commands a market capitalisation of Rs 15,383.66 crore.
The Rs 1,912 crore IPO, which was sold between June 28 and June 30, was subscribed 53.60 times. The category reserved for qualified institutional buyers (QIBs) was subscribed 78.77 times, while the quota reserved for non-institutional investors (NIIs) and retail individual investors (RIIs) were subscribed 143.51 times and 3.52 times, respectively.ENDS