Sachin Tendulkar-backed Azad Engineering offered its shares in the fixed price band of Rs 499-524 apiece with a lot size of 28 equity shares between December 20-22.
Shares of Azad Engineering were listed at Rs 720 apiece, a premium of 37.40 per cent on National Stock Exchange (NSE) and at Rs 710, a premium of 35.5 per cent on BSE.