Just Dial lists at Rs 590

 Shares of phone and Internet-based search engine Just Dial debuted on Wednesday on the NSE at Rs 590 against the issue price of Rs 530 per share.

The intra-day high was Rs 631.90, while it touched a low of Rs 581.15 and finally ended the day at Rs 605, a gain of Rs 75, or 14.15 per cent. Market capitalisation stood at Rs 4,272.37 crore.

The counter saw active trading, with 1.25 crore shares changing hands on Wednesday.
The company had raised Rs 950 crore through its initial public offering (IPO), which saw a good response from retail and institutional investors resulting in oversubscription of 11.63 times.