HDIL shares make debut 8% above issue price

HDIL shares make debut 8% above issue price
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First Published: Tue, Jul 24 2007. 12 37 PM IST
Updated: Tue, Jul 24 2007. 12 37 PM IST
By Reuters
Mumbai: Shares in real estate firm Housing Development and Infrastructure Ltd. (HDIL) listed on 24 July at Rs537.50, up 8% from the issue price of Rs500.
The shares were trading at Rs551.95 at 0426 GMT on the BSE, after touching a high of Rs617.50.
The Mumbai-based firm raised Rs1485 crore from its 29.70 million share public offer, to part-fund construction at 14 projects and land acquisition for several other projects.
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First Published: Tue, Jul 24 2007. 12 37 PM IST