IDFC First Bank Share Price: Shares were last trading at 4.46 per cent lower at Rs 55.70 on BSE.IDFC First Bank fell over four per cent on Wednesday, March 31, a day after fixing the floor priceRs 60.34 for the Rs 3,000 crore qualified institutional placement (QIP) issue.
On Wednesday, IDFC First bank opened on the BSE at Rs 59.45, touching an intra day high of Rs 59.60 and an intra day low of Rs 55.35.
According to a regulatory filing by the bak to the BSE, theCapital Raising Committee of the Boarddecided that the bank mayoffer a discount of not more than five percent on the floor price for the issue, at its discretion.The statement added thata meeting of the Capital Raising Committee ofIDFC First bank will be held on April 6, to determine or consider the issue price of shares to the institutional investor, including a discount, if any given.
Meanwhile, on the NSE, IDFC First bank opened at Rs 59.50, touching an intra day high of Rs 59.60 and an intra day low of Rs 55.30.IDFC First Bank was last trading 4.38 per cent lower at Rs 55.70 on the NSE.
Meanwhile, IDFC First Bank was last trading at 4.46 per cent lower at Rs 55.70 on the BSE.