The Company has made an allotment of 6,46,810 equity shares at a price of Rs. 8.765/- each to Bank of Nova Scotia.
IVRCL Ltd has announced that pursuant to provisions of Companies Act, 2013 and SEBI (Issue of Capital Disclosure Requirement) Regulations, 2009 and implementation of SDR, the Company has made an allotment of 6,46,810 equity shares at a price of Rs. 8.765/- each, to Bank of Nova Scotia.
IVRCL Ltd is currently trading at Rs. 5, up 5.2% from its previous closing of Rs. 4.8 on the BSE.
The scrip opened at Rs. 4.9 and has touched a high and low of Rs. 5.1 and Rs. 4.9 respectively. The current market cap of the company is Rs. 377.8 crore.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 12.8 on 07-Aug-2015 and a 52 week low of Rs. 3.7 on 27-May-2016. Last one week high and low of the scrip stood at Rs. 4.9 and Rs. 3.8 respectively.
The promoters holding in the company stood at 5.7% while Institutions and Non-Institutions held 53.4% and 40.7% respectively.
The stock is currently trading above its 200 DMA.
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