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).