Capital Small Finance Bank IPO Listing Highlights: Shares list at discount of 8.07% to IPO price - Buy, Sell or Hold?
Capital Small Finance Bank IPO Listing Highlights, Capital Small Finance Bank Share Price NSE, BSE: The shares of Capital Small Finance Bank made a weak market debut today i.e. February 14, 2024. The stock is listed at Rs 430.25 on the National Stock Exchange (NSE), an 8.07 per cent discount to its issue price of Rs 468. Meanwhile, on BSE, the stock fell 7.05 per cent from its issue price to list at Rs 435.
Earlier, the Initial Public Offer (IPO) of Capital Small Finance Bank was subscribed 4 times on the last day of share sale on Friday.
Follow Zee Business Blog for all the latest updates on the listing of Capital Small Finance Bank IPO:
Capital Small Finance Bank IPO Listing Highlights, Capital Small Finance Bank Share Price NSE, BSE: The shares of Capital Small Finance Bank made a weak market debut today i.e. February 14, 2024. The stock is listed at Rs 430.25 on the National Stock Exchange (NSE), an 8.07 per cent discount to its issue price of Rs 468. Meanwhile, on BSE, the stock fell 7.05 per cent from its issue price to list at Rs 435.
Earlier, the Initial Public Offer (IPO) of Capital Small Finance Bank was subscribed 4 times on the last day of share sale on Friday.
Follow Zee Business Blog for all the latest updates on the listing of Capital Small Finance Bank IPO:
Latest Updates
Capital Small Finance Bank IPO Listing LIVE, Capital Small Finance Bank Share Price NSE, BSE: Price settles at 8.07% discount
In the pre-opening session, Capital Small Finance Bank shares settled at Rs 430.25 on the National Stock Exchange (NSE), a discount of 8.07 per cent to the issue price of Rs 468.
Rashi Peripherals IPO Listing LIVE Update, RP Tech Share Price NSE, BSE: Check Stoploss by Anil Singhvi
According to Zee Business Managing Editor Anil Singhvi, short-term investors should keep a stoploss of Rs 468. It is worth mentioning that Singhvi had advised that only long-term investors should subscribe to the IPO.
Capital Small Finance Bank IPO Listing LIVE, Capital Small Finance Bank Share Price NSE, BSE: Check Anil Singhvi's View
According to Zee Business Managing Editor Anil Singhvi, the listing is expected to be somewhere close to the issue price. He said that it wouldn't be surprising if it is listed at a discount to the issue price.
Capital Small Finance Bank IPO Listing LIVE, Capital Small Finance Bank Share Price NSE, BSE: QIBs received 6.64 times subscription
The quota for Qualified Institutional Buyers (QIBs) received 6.64 times subscription while the category for non-institutional investors got subscribed 4.05 times.