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Our Bureau

Mumbai , July 27

IL&FS Investsmart India, a financial services company, today listed on stock exchanges at a premium of more than 45 per cent on the issue price of Rs 125.

On the NSE, the stock closed at Rs 183, up 46.56 per cent on the issue price with a volume of 56.08 lakh shares. It touched a high of Rs 200 and low of Rs 182.55. On the BSE, it closed at Rs 184 with a volume of 32.36 lakh shares.

IL&FS Investsmart had come out with an IPO earlier this month for 1.14 crore shares in the price band of Rs 110-125 and was oversubscribed 34 times. The issue raised Rs 142.5 crore.

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