21 Aug 07 Central Bank of India Listing Price

After its successful IPO, Central Bank of India listed today on the stock exchanges. Central Bank listed at Rs. 131.75 and soon touched a high of 135. However, Central Bank could not sustain the gains since the markets started falling with banks and realty stocks leading the market meltdown. Central Bank closed the day at Rs. 115 after touching a low of Rs. 114. Central Bank IPO was heavily oversubscribed and the IPO issue price was fixed at the higher end of the IPO price band at Rs. 102.

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