Mumbai: ECE Industries Ltd made its first appearance on the National Stock Exchange (NSE) at a premium of 18.67% against the offer price of Rs 589 at Rs 699.

The company has already been enrolled on the Bombay Stock Exchange (BSE) earlier, and ended at Rs 632.25 on Monday.

During the day, the stock touched an intraday high of Rs 728.95, an intraday low of Rs 602 and finally closed at Rs 637.85 on the NSE.

Shares of Indowind Energy Ltd, a Chennai-based company managed to get listed at Rs 80 on BSE. The stock is trading at a premium of nearly 23% compared to the issue price of Rs 65.

Motilal Oswal is coming up with a Public Issue to raise Rs 246 crore by selling its 29,82,710 shares with face value of Rs 5 each through 100% book building process. The price band of the IPO is Rs 725-825 per share. The issue will close on Thursday.

The government is making plans to offload its stake from Oil India (OIL).