Shares of Saint DLM listed with a gain of 52 percent

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The company’s scrip was listed at Rs 401 on BSE, up 51.32 per cent. Later it was trading at Rs 424.40, up 60.15 per cent.

New Delhi. Electronic Manufacturing Services Company Scient DLM Ltd. The stock got off to a strong start on Monday. The company’s stock got listed at its issue price of Rs 265, up 52 per cent. The company’s scrip was listed at Rs 401 on BSE, up 51.32 per cent. Later it was trading at Rs 424.40, up 60.15 per cent. The company’s stock got listed at Rs 403, up 52 per cent, on the National Stock Exchange.

The market capitalization of the company stands at Rs 3,208.33 crore. The initial public offering (IPO) of ScintDLM was subscribed 67.30 times. New shares worth Rs 592 crore were issued under the IPO. There was no offer for sale (OFS). The price band for the IPO was Rs 250 to 265 per share.

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