Real Estate Developer Housing Development and Infrastructure (HDIL) has listed with 13.5% premium at Rs 567.50 as against its issue price of Rs 500 per share on the BSE and touched a high of Rs 617.5 with good buying support and positive sentiment in the markets.
HDIL has started trading in F&O and the lot size will be of 400 shares. Options strike priced between Rs 200-800.
The company had come out with an IPO of 29.70 million shares at a price band of Rs 430-500. The issue was subscribed 6.6 times.
