J. Kumar Infraprojects Ltd closes QIP issue

The QIP Management Committee Meeting of J. Kumar Infraprojects Ltd held on July 18, 2014, has declared the closure of QIP.

The committee determined and approved the issue price of Rs. 309.98 per equity share, equal to the floor price for the equity shares to be allotted to eligible qualified institutional buyers in the QIP.

The QIP issue had opened on July 16, 2014 and closed on July 18, 2014.

Shares of J.KUMAR INFRAPROJECTS LTD. was last trading in BSE at Rs.332.2 as compared to the previous close of Rs. 316. The total number of shares traded during the day was 67928 in over 2868 trades.

The stock hit an intraday high of Rs. 336.95 and intraday low of 316.5. The net turnover during the day was Rs. 22429733.

Source : Equity Bulls

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