Magnum Ventures IPO Listing : Joy to Investors

Magnum Ventures IPO which was poorly subsribed by the investors and poorly rated by the market analysts has listed today in the Indian stock markets excellently.

Magnum Ventures listed at Rs. 47.7 on the NSE against the offer price of Rs 30. After the listing, Magnum Ventures touched an intra-day  high of Rs. 66.9 and an intra-day low of Rs 35.7 on NSE. 

The stock later gave up its listing gains at the end of the day to setttle at Rs 49.40 that is a premium of 66.47% to the offer price. Investors of  Magnum ventures IPO have made excellent listing gains today, see how the Bull Market can turn the things into investors favor, till 3 days before Magnum ventures grey market premium was around Rs 2 - 3 and see today where it has ended.