The warrants are convertible into equivalent number of equity shares of Rs 2 each at an exercise price of Rs 43.75 per share.
The stock opened at Rs 52.60 per share, traded on a 52 week high of Rs 52.90 per share; and a low of Rs 51 per share.
BSE Finance Index is trading up by 12 points or 0.26% at 4851 levels.
Nifty Financial Service index is trading up by 0.17 % or 14.55 points at 8685 levels.
Indiabulls Ventures Ltd is currently trading at Rs 52.2, up by Rs 1.8 or 3.57% from its previous closing of Rs 50.4 on the BSE.
So far 1991727(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1613.84 crore.
The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 51.25 on 28-Mar-2017 and a 52 week low of Rs 13.1 on 05-Apr-2016.
Last one week high and low of the scrip stood at Rs 51.25 and Rs 44.5 respectively.
The promoters holding in the company stood at 38.59 % while Institutions and Non-Institutions held 1.43 % and 59.96 % respectively.
The stock is currently trading above its 50 DMA.