<p>On the first day of trade on the Bombay Stock Exchange, shares of the media and entertainment firm opened 21.91 per cent higher at Rs 213.35.<br /><br />In a similar fashion, shares of Eros International opened at Rs 205.45 on the National Stock Exchange, up 17.4 per cent over the issue price.<br /><br />Eros had fixed the issue price of shares under its initial public offer (IPO) at Rs 175 apiece, the higher end of the price band of Rs 158-175 a share.<br /><br />The Mumbai-based company, which is promoted by Eros International Plc and Eros Worldwide FZ LLC, has raised Rs 350 crore through the IPO.<br />The issue of Eros International Media garnered a robust response from investors and was oversubscribed 25.76 times.<br /><br />Bollywood superstar Shah Rukh Khan, whose much-awaited film 'RA-1', is being released under the Eros banner, was also present at the listing ceremony along with the company's promoters, Kishore and Sunil Lulla.</p>
<p>On the first day of trade on the Bombay Stock Exchange, shares of the media and entertainment firm opened 21.91 per cent higher at Rs 213.35.<br /><br />In a similar fashion, shares of Eros International opened at Rs 205.45 on the National Stock Exchange, up 17.4 per cent over the issue price.<br /><br />Eros had fixed the issue price of shares under its initial public offer (IPO) at Rs 175 apiece, the higher end of the price band of Rs 158-175 a share.<br /><br />The Mumbai-based company, which is promoted by Eros International Plc and Eros Worldwide FZ LLC, has raised Rs 350 crore through the IPO.<br />The issue of Eros International Media garnered a robust response from investors and was oversubscribed 25.76 times.<br /><br />Bollywood superstar Shah Rukh Khan, whose much-awaited film 'RA-1', is being released under the Eros banner, was also present at the listing ceremony along with the company's promoters, Kishore and Sunil Lulla.</p>