Shares of working space operator Awfis Space Solutions on Thursday closed higher by over 9 per cent at ₹419.10 apiece in its debut trade on Thursday.
The stock listed at a premium of 12.86 per cent at ₹432.25 against the issue price of ₹383 on BSE. The stock moved between a high of ₹451.45 and a low of ₹409.40 during the day. Around 9.59 lakh shares were traded on the bourse.
On the NSE, Awfis Space Solutions shares climbed 9.2 per cent to settle at ₹415.95 per piece. In volume terms, 1.36 crore equity shares were traded on the NSE.
At close, Awfis Space Solutions’ market valuation stood at ₹2,909.38 crore on the BSE. The market capitalisation of the company stood at ₹2,887.51 crore on the NSE.
The 30-share BSE Sensex plunged 617.30 points to settle at 73885.60, while the broader NSE Nifty dropped by 216.05 points to close at 22488.65.
The initial public offering of co-working space operator Awfis Space Solutions got subscribed a whopping 108.17 times on the closing day of the share sale on Monday. The ₹599 crore IPO had a price band of ₹364-383 per share.
Awfis provides flexible workspace solutions, ranging from individual flexible desk needs to customised office spaces for corporates.
