Prestige Estates debuts, opens with 4 pc gain on BSE

Share of the Bangalore-based firm listed 3.82 per cent higher at Rs 190 over its issue price on the Bombay Stock Exchange.Within minutes of the start of trading on BSE, the scrip touched a high of Rs 209, a surge of 14.2 per cent over its issue price.

Similarly, on the National Stock Exchange, the debut scrip opened with a gain of 3.82 per cent at Rs 190. In terms of volume, about 1.26 crore shares of the company exchanged hands on the bourses.
Prestige Estate had entered capital market to raise Rs 1,200 crore, with its IPO priced in the range of Rs 172- Rs 183 per share.Meanwhile, the 30-share benchmark Sensex was trading at 20,166.11, down by 55.28 points from the previous close

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