Raymond Lifestyle shares debut at 99% premium at ₹3,000

Shares of Raymond Lifestyle were listed at ₹3,000 on BSE on Thursday after its demerger from parent Raymond. This marks a 99.56% premium over its base price of ₹1,503. The shares were listed at ₹3,020 on NSE, marking a 93% premium over base price of ₹1,562.6. Shareholders received four shares of Raymond Lifestyle for every five Raymond shares they own.