Friday, July 08, 2011

Superb IPO Listing of Rushil Decor & Birla Pacific Medspa

As the primary market has got the bumper listing for the two IPOs listed on 7-July, 2011. It is one of the day when IPO lists and go up and never come back down. The day of big gains for the investors of IPO. It was booming performance by both companies Rushil Decor & Birla Pacific Medspa.

Rushil Decor was was subscribed 2.62 times overall and 6.57 times in retail. The issue price was 72 Rs. It was listed at 81.25 BSE and 74.50 NSE. But it go at the high of Rs. 124.05 in both BSE and NSE and settled around 119 Rs.

At other end Birla Pacific Medspa started at Rs. 10.10 against its issue price of Rs. 10. It got the high of Rs. 30.70 and settled at Rs. 25.35.