Shares of Tata Capital made muted debut on Monday by listing at a modest premium of ₹330 on the NSE and ₹330.40 on the BSE against its issue price of ₹326.
On the NSE, the stock closed at ₹330.50, up 1.56 per cent from the issue price, with a traded volume of 11.76 crore shares worth ₹3,877.90 crore.
The total market capitalisation stood at ₹1.40 lakh crore. On the BSE, the stock closed at ₹330.40, gaining 1.35 per cent over the issue price, with a turnover of ₹328.94 crore and market cap of ₹1,40,250.47 crore.
During the day, the stock moved in a narrow range of ₹326.25-₹333 on the NSE and between ₹₹326.15 and ₹332.80 on the BSE.
The listing reflected the tepid response the IPO received during its subscription period, where the issue was subscribed 1.23 times overall. The portion