IRCTC's shareholder listings: Eight stocks trailing 8 out of listing high premiums in the past

Mumbai, Ta. October 14, 2019, Monday

Investors were delighted with the listing of the government-owned Indian Railway Catering and Tourism Corporation Company (IRCTC) with a higher premium of 5% than expected, but the important thing is that only two gay companies have been able to get a listing after the high premium listing of 5 company stocks. General Chat Chat Lounge Shares of eight companies have traded back significantly.

In the past, five companies were listed with high premiums. These 3 companies include Salsar Techno Eng., Astron Paper, Avenue Super Market, Carrier Point, PG Electroplast, Bedmutha Industries CDSL, Snowman, Logistics, Rushal Dacor and Apollo Micro System.

Of these, only two companies currently maintain the listing gain. That is, it is currently trading at a higher price. In these two stocks, the avenue supermarket will cost Rs. Trading at 2% higher than the listing price of 5. While in the Russian décor Rs. With a listing price of 5.5, it is trading at a premium of 5%.

Of these eight stocks, some of them are trading at a lower price than their listing price. Which showcases the tumultuous gaps that have led to the massive erosion of investor capital.

In the past, shares of Birla Pacific and Mr. Aster Silket have also been listed with higher premiums of 8.5% and 8.5% respectively. But today, these two stocks are not trading at all.

Today, IRCTC has a high premium listing. But its valuation is a matter of concern. The company's business is Monopoly. But in the future, there may be ups and downs that could have an impact on the valuation of the company. Thus, it would be beneficial for investors to exercise caution.

Listing IRCTC with a high premium

Recently, IRCTC shares in the capital market with IPOs were listed at higher premiums today.

Rs. The stock, issued at a price of Rs 5, was Rs. After listing at a price of 5, which means a premium of 5.5%, it closed at a headline of 5, after hitting between 5 and 5, which showed a 5% premium. After listing the stock at NSE, it was Rs. After the collision between 1 and 5.7, prices closed down, suggesting a 5.5 percent premium.