For the nine months ended December 31 2021, the company reported a profit of ₹362.78 crore on a revenue of ₹5,973.68 crore. The company intends to utilise the proceeds from the issue to part finance acquisition of a facility in Goa and for repayment as well as prepayment of certain borrowings. The non-institutional investors' portion was subscribed 0.8 times.Īnalysts said the market debut was impacted by overall weak market conditions that have prevailed of late. The issue was subscribed 1.75 times with the qualified institutional buyers' category getting subscribed 3 times and retail category subscribed 1.4 times. On the NSE, the stock listed at a premium of 5% at ₹44.Įarlier this month, the company had raised ₹1,501.73 crore through its IPO that was priced in the range of ₹39 to ₹42 per share. The stock ended 4.6% above its issue price at ₹43.95 after touching a high of ₹47.25 during the day. Shoppers saved an average of 17.
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