Zinka Logistics had a decent start on the National Stock Exchange (NSE) on November 22, with its listing price being approximately 3% higher than its initial public offering (IPO) price.
The shares opened at Rs 280.90 on the NSE, reflecting a premium of 2.89%, while on the Bombay Stock Exchange (BSE), they were listed at Rs 279.05, representing a 2.2% premium.
The stock's performance exceeded expectations set by the grey market, which had predicted a nearly flat listing. Throughout the day, the stock had a trading volume of 4,734,675 shares, reaching a high of Rs 285.90 and a low of Rs 260.20.