PNC Infratech falls on debut

The company raised Rs 488 crore by issuing 12.92 million equity shares through the initial public offer (IPO).

May 26, 2015 05:05 IST India Infoline News Service

Shares of PNC Infratech listed at Rs. 387, against its issue price of Rs 378 per share.
The stock is currently trading at Rs. 375.
The stock has hit a high of Rs. 375 and a low of Rs. 351.
The company raised Rs 488 crore by issuing 12.92 million equity shares through the initial public offer (IPO). 
The issue was oversubscribed by 1.4 times. 

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