Sachin Tendulkar-backed Azad Engineering's shares list at 37% premium
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Azad Engineering's shares made a strong debut on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) today. The stocks were listed at Rs. 720 on NSE, a 37.40% premium to the issue price of Rs. 524 per share, and at Rs. 710 on BSE, a 35.50% premium to the issue price. The company's initial public offering (IPO) was in high demand, with a total subscription of 83.04 times across all investor categories.