adlabs entertainment shoots by Rs.10 on first day of lisitng

adlabs entertainment shoots by Rs.10 on first day of lisitng

Adlabs Entertainment IPo was not as successful as other companies. A loss making company with steep valuations was never an interest for investor.

It has gone upto 205 on the listing day. Reliance mutual fund have bought 5.35 lakh share of Adlabs entertainment.

Adlabs Entertainment holds Adlabs Imagica and AquaImagica and plans to start a hotel.