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Our Bureau

Mumbai , June 23

Shares of Allcargo Global Logistics Ltd made their debut on the bourses at a discount of 23 per cent to the issue prices of Rs 675 per share. Shares of Allcargo opened at Rs 519.80 but later moved up to a high of Rs 689 and finally ended at Rs 670.15 on the BSE.

Allcargo had entered the capital market with an initial public offer of 20.79 lakh equity shares of Rs 10 each with a price band of Rs 625-725. The issue was subscribed 7.89 times.

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