๐ Bondada Share Price Skyrockets by 1,350% Since IPO Launch! ๐
๐ Bondada Engineering Company was doing business with a rise in share prices. The company launched its IPO last August at a price of 75 rupees. The company’s shares are now over 1,350% above their IPO price.
๐ The 52-week high for the company’s shares was 1,108 rupees, while the low was 142.50 rupees. Over the past year, the company’s share price has increased from 75 rupees to over 1,100 rupees.
๐ฐ On Wednesday, April 10, 2024, Bondada Engineering stock was trading at 1,155 rupees, up 4.83%.
๐ The company’s IPO was open for investment between August 18, 2023, and August 22, 2023. The IPO price band was set at 75 rupees. On August 30, 2023, the company’s shares were listed at 142.50 rupees, more than 95% higher than the IPO price.
๐ธ On listing day, the company’s shares closed at 149.62 rupees. By April 10, 2024, Bondada Engineering Company’s shares had reached 1,103 rupees.
๐ Compared to the IPO issue price, the company’s share price is now 1,370% higher.
๐ผ The IPO lot for Bondada Engineering Company consisted of 1,600 shares, priced at 1.20 lakh rupees per lot. Investors who invested 1.20 lakh rupees in the IPO now have an evaluation of 17.64 lakh rupees.
๐จโ๐ผ The company’s IPO was oversubscribed by 112.28 times, with retail investors subscribing 100.05 times more than the reserved quota.
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