Jubilant FoodWorks, which runs Domino's Pizza chain in India, today got listed with a

RELATED ARTICLES Sensex up 78 points in the opening trade Sensex extends gains, up 32 points to 18,238 Sensex ends 32 pts up, profit-booking pares initial gains Sensex rallies 235 points on global cue Sensex surges by 235 points; RIL, Infosys lead gains

premium of 11.44 per cent at Rs 161.60 on the Bombay Stock Exchange.

The scrip opened at Rs 161.60 and scaled a high of Rs 198.50, up 37 per cent over its issue price on the BSE.

The company listed 6.36 crore shares on the bourses at an issue price of Rs 145, the upper end of the band.

On the National Stock Exchange (NSE), the scrip got listed with a gain of 10.34 per cent at Rs 160, zooming higher to Rs 198 during morning trade.

The positive listing assumes significance as the broader market was trading weak with the BSE barometer Sensex down 95 points at 15,820.40.

In early morning trade, a total of 1.45 crore shares of Jubilant FoodWorks changed hands on both the bourses.

The fast-food chain had raised about Rs 329 crore through an initial public offer (IPO) last month, which attracted bids over 31 times the shares on offer.

While institutional investors subscribed 9.89 times the shares on offer, retail investors took only 24 per cent of their allotment.

For the third quarter ended December 31, 2009, Jubilant FoodWorks reported over six fold jump in profit after tax at Rs 11.37 crore driven by addition of new stores and increase in sales of the pre-existing ones.

The third quarter saw the addition of 16 new outlets, taking the total number to 296 by end of December 2009.