Advanta India Limited listed on the Indian stock exchanges today. Though it listed at Rs.665 and hit a low of Rs.585.35 immediately after the opening bell, it soon zoomed and crossed the Rs.950 mark hitting a high of Rs.1000 at 10.15 A.M. The IPO issue price of Advanta India Limited was Rs.640
Advanta India Limited consolidated its gains after touching a high of Rs.1000 during early trading hours and ended its debut on the Indian stock market at Rs.851.5, which is a gain of Rs.211.5 or 33% over its IPO issue price of Rs.640. Not a bad debut, by any standards!