Bharti Infratel shares slump over 10% on debut

Bharti Infratel shares list at Rs.200 apiece, lower by Rs.20 compared with the issue price of Rs.220
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First Published: Fri, Dec 28 2012. 10 10 AM IST
At 10:14am on Friday, the Bharti Infratel stock was down 11.45% at Rs194.80 on NSE, with volume traded at 11.34 million shares. Photo: Ramesh Pathania/Mint
At 10:14am on Friday, the Bharti Infratel stock was down 11.45% at Rs194.80 on NSE, with volume traded at 11.34 million shares. Photo: Ramesh Pathania/Mint
Updated: Fri, Dec 28 2012. 12 33 PM IST
Mumbai: Shares of Bharti Infratel Ltd on Friday listed at Rs.200 on the National Stock Exchange, lower by Rs.20 compared with the issue price of Rs.220 per share.
The stock touched a low of Rs.192. At 12:28pm, the stock was down 12.45% at Rs.192.60 on NSE, with volume traded at 20.67 million shares.
The company had raised Rs.4,118.01 crore, including about Rs.1,388 crore from retail investors and Rs.2,078 crore from other investors such as qualified institutional buyers and high-networth individuals.
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First Published: Fri, Dec 28 2012. 10 10 AM IST
More Topics: Bharti Infratel | shares | IPO | Bharti Airtel |
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