Key Points
India Shelter Finance Corporation Limited made a decent debut on Dalal Street, with its shares getting listed at a 25 per cent premium over its IPO issue price...
The shares of India Shelter Finance got listed at Rs 618 apiece on the stock exchanges, marking a 25 per cent premium over the issue price of Rs 493..
Commenting on the strong market debut, Shivani Nyati, Head of Wealth, Swastika Investmart Ltd, said, "India Shelter Limited made its stock market debut today..
Ahead of its market listing, the unlisted shares of India Shelter Finance were available on the grey market at Rs 650, implying a premium of Rs 157 over the issue price of Rs 493..
It may be noted that the analysts had expressed optimistic reviews for the India Shelter Finance IPO, highlighting the company's strong financial performance, technology-driven operations, and a scalable business model that presents promising growth prospects...
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