Ircon International Shares Fall 11% On Market Debut

Ircon International made a tepid stock exchange debut on Friday. The state-owned railway engineering and construction company was listed at Rs 422 a share on NSE, down 11.16% from its issue price of Rs 475 a piece. The Rs 467 crore initial public offer (IPO) was subscribed 9.9 times during its share sale between 17 and 19 September with a price band of Rs 470-475 per share. For more information please Visit : www.dollaradvisory.com and Call : +91 9111-179961