Bharat Highway InvIT shares list at 1% premium over issue price

Shares of RK Swamy had a disappointing start on Dalal Street as it listed at a discount on Tuesday, March 12, 2024.

The shares listed at Rs 250, marking a 13.19 per cent discount compared to its issue price of Rs 288 each on the NSE. Similarly, the stock commenced trading on BSE with a 12.50 per cent discount at Rs 252 from the same issue price.

Before its listing, RK Swamy shares didn't command any premium in the grey market. The stock was seen changing hands at a discount of Rs 5-10 per share compared to its issue price. However, during the subscription period, it experienced a notable premium of Rs 40.