Shakti Urban Infra lists at 22.5% premium over issue price

Shakti Urban Infra listed at Rs 171.50 on the NSE, a premium of 22.5% over its issue price of Rs 140. The stock touched a high of Rs 178.20 in early trade before settling around Rs 168. Analysts attribute the strong debut to the company's hybrid annuity order book and reasonable IPO pricing. Investors who received allotment may consider holding with a stop loss at the issue price, according to market observers.