Much hyped Burnpur cement IPO which was given a lot of negative feedback with claims saying that this company can make you lose money had issued shares at a offer price of Rs 12 per share. These shares came out with a 314% hike on the listing day and shocked many investors.
Currently i have secured 10000 Shares of burnpur and i guess these would reach around 200Rs in coming months or may be this quarter itself. Overall a total of 15,27,48,815 equity shares were traded and their turnover was at Rs 610 crore. Everyone is currently supporting people to book profits in burnpur cements.