Gujarat Pipavav Port Ltd price went up to 17%

Gujarat Pipavav Port Ltd has listed on 9th September 2010. At the end of day its price was 54.05 Rs. With in one day, it gave 17% of gain.

Gujarat Pipavav Port Ltd IPO

Gujarat Pipavav Port Ltd is entering in the capital markets with an initial public offering, IPO of 500 crore. The price band for the issue has been fixed at Rs 42/- at lower level and Rs 48/- at upper level for equity share of Rs 10/-

he issue opens on Aug 23, 2010, and closes for subscription on Aug 26, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).