Dalal Street Investments

XL Telecom lists below offer Price

December 28, 2006

The IPO of XL Telecom was priced at Rs 150 and the stock closed on the listing day at Rs 135 a 10% discount to the offer price.

The company’s post-issue share capital is Rs 14.5 crores and promoters stake is 62.37%. The company reported a net profit of Rs 10.67 crores on net sales of Rs 396 crores.

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