Abhishek Mills Limited lists below offer price, IPO's discounted listing woes continue

The equity shares of Abhishek Mills Limited listed in NSE and BSE today. The shares were issued for Rs.100 in the recently concluded IPO of the company.

In NSE, the shares of Abhishek Mills Limited opened at Rs.85.15, down by Rs.14.95 (-14.95%) over its issue price of Rs.100. The shares went on to hit an intraday high of Rs.93 and low of Rs.78.15.

At 11:15 AM, the shares were trading at Rs.81.90, down by 18.10% (- Rs.18.10). The total traded quantity was 1055797 equity shares and the turnover was Rs.895.84 Lakhs.

In BSE, the shares opened the day at Rs.94 and hit an intraday high of Rs.94.80 and low of Rs.79.40. The shares were trading at Rs.82, down by Rs.18 (-18%). The total traded quantity was 1644369 shares at a weighted average price of Rs.84.61.

Source : Equity Bulls

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