The disappointing conditions in the market did not impact the initial share sale of Computer Age Management Services (CAMS), which was subscribed 82 per cent on the first day of bidding.
Warburg Pincus-backed CAMS received bids for 1,05,75,864 shares against 1,28,27,370 shares offered.
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The qualified institutional buyer category was subscribed 25 per cent, while the retail individual investor segment was subscribed 1.40 times.
Route Mobile
Shares of Route Mobile Ltd on Monday made a stellar stock market debut as they jumped 86 per cent at close of trade against its issue price of Rs 350.
During the day,it rose to a high of Rs 735, a gain of 110 per cent. It later closed at Rs 651.10, higher by 86 per cent.
