Logo


RBL Bank lists at 22% premium over issue price

Lists at Rs 274 on the National Stock Exchange (NSE), a 22 per cent premium over its issue price of Rs 225

RBL Bank lists at 22% premium over issue price

The line-up of companies with a healthy showing on listing day seems to be increasing. On Wednesday, RBL Bank shares listed at Rs 274 at the start of trade on National Stock Exchange, a 22 per cent premium over its issue price of Rs 225 per share. The stock hit an intraday high of Rs 305 before closing at Rs 299.95, a day-one gain of 33.3 per cent over the issue price. RBL is not the only firm to make a stellar debut this year. Eleven of the 16 firms that listed this year have ended with double-digit day-one gains between 10 and 59 per cent. "Over the last few months, there has ...