IPO◆ Mixed
Veegaland Developers list at premium
BSE is in focus.
· Business Standard Mkts
Shares of Veegaland Developers were currently trading at Rs 143.45 at 10:21 IST on the BSE, representing a premium of 2.46% as compared with the issue price of Rs 140.
The analysis
BSE reported Rs 143.45 and Rs 140, with movement of 2.46% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.