Tech Mahindra shares to be listed on Monday
Mumbai,
Aug
25:
Tech
Mahindra,
a
leading
Indian
provider
of
IT
solutions
to
telecom
companies
whose
Initial
Public
Offering
(IPO)
issue
was
closed
for
subscription
on
August
4
will
be
listed
on
the
Indian
bourses
on
Monday.
Tech
Mahindra
has
fixed
the
issue
price
at
the
upper
end
of
the
price
band
at
Rs
365
per
equity
share
of
Rs
10.
The
price
band
for
the
issue
was
Rs
315
at
the
lower
end
to
Rs
365
at
the
higher
end.
Despite uncertain market conditions, its IPO received an overwhelming response from all categories of investors. The equity shares would be listed at the Bombay Stock Exchange(BSE) and National Stock Exchange(NSE).
UNI
Story first published: Friday, August 25, 2006, 14:15 [IST]