News > Shapoorji Pallonji Group's Afcons Infra debuts at 8% discount

Shapoorji Pallonji Group's Afcons Infra debuts at 8% discount

Afcons Infrastructure Ltd is listed on the NSE at Rs 426. The stock debuted at Rs 430.05, a discount of 7.11% on the BSE. The Rs 5,430 crore initial public offering of the infrastructure firm was subscribed 2.63 times on the final day of bidding. Qualified institutional buyers subscribed 3.79 times, non-institutional investors bid 5.05 times, retail investors subscribed 94% and employees subscribed 1.67 times in their IPO allotment.