Financial Services Company ,Religare Enterprises which came with an IPO listed today at the bourses. Religare has listed at Rs 323.75, up 75% over its offer price of Rs 185 and surged to day high of Rs 601 (a premium of 225% calculated on the base price of 185) in the morning trades. Religare Enterprises management, speaking at the listing said that the company expects broking business will contribute close to 60% going forward.
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