Today on NSE, shares of Samruddhi Cement got listed at Rs 579.75 post the restructuring of Grasim Industries.The scrip is currently trading at Rs 510.10. It has touched a high of Rs 590, and a low of Rs 495.
The face value of Samruddhi shares would be Rs 5 each share.
Today, a total of 91.70 mn shares of Samruddhi Cement got listed. Out of these, the promoters will get 24 mn shares and the rest would be allotted to Grasim shareholders. Therefore, there will be a tradable free drift of 67.7mn.
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