Vibhor Steel Tubes shares ended 5% or Rs 21.25 higher on Tuesday against the listing price of Rs 421. Market cap of the firm rose to Rs 846.19 crore on NSE.
Shares of Vibhor Steel Tubes made a stellar market debut on February 20. Vibhor Steel Tubes stock listed at a premium of 181% to the IPO issue price on Tuesday. The stock opened at Rs 425 against the IPO price of Rs 151 per share on NSE. On BSE, the stock opened at Rs 421. Market cap of Vibhor Steel Tubes climbed to Rs 798.32 crore.
The bidding for Vibhor Steel Tubes IPO began on February 13, 2024, and ended on February 15, 2024. The allotment process was completed on Friday, February 16, 2024.
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