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Syrma SGS Tech shares list at premium on BSE, NSE; gain 19% from IPO price, tops Rs 260 on stock debut day

Syrma SGS Technology shares listed on the stock exchanges today at a premium to the IPO price amid the positive market momentum. Shares of the company began trading on the NSE at Rs 260 per share, up 18.18% from the IPO price of Rs 209-220 apiece per share and on the BSE the stock debuted at Rs 262 apiece, rising 19.09 per cent. The Rs 840-crore IPO was subscribed by investors earlier this month and was fully subscribed by all categories. The company had a market capitalisation of Rs 4,617.20 crore on its market debut. This was the first company …

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