Dhanus Tech Ltd IPO investors gain five pc on day one

Mumbai, Oct 17 (UNI) Investors in the Initial Public Offer (IPO) of Dhanus Technologies Ltd, a rapidly growing telecom Services provider company, have gained by five per cent on the very first day of listing today despite fluctuations in the market.

The equity share closed at Rs 311.15 on BSE and Rs 309.75 on NSE as against the Issue price of Rs 295 per equity share of Rs ten each.

The volume of trade on both the exchanges totalled 8.4 million equity shares. The Company had entered the capital market on September 10 with a public issue of 38,35,000 equity shares of Rs ten each in the price band of Rs 280 to Rs 295, brokers said.

UNI