Business

BSE shares list at 34.6% premium, trade flat

BSE shares list at 34.6% premium, trade flat

Mumbai: Stock exchange major BSE’s stocks were listed on the National Stock Exchange (NSE) on Friday at an initial listing price of Rs 1,085. The listing took place after the company concluded a successful initial public offering (IPO) which ended on January 25. The initial listing price of Rs 1,085 was at a premium of 34.6 per cent from the initial offering price of Rs 806 per equity share. The scrip of the stock exchange major, which opened at Rs 1,085, traded at Rs 1,084.95 — down 0.05 points at 2.10 p.m.