Shares of Kwality Wall's India listed at ₹29.8 on the National Stock Exchange (NSE) on Monday, marking a 25.87% discount over the last discovered price of ₹40.20 apiece. The listing came following the demerger of the ice cream business from Hindustan Unilever Ltd (HUL). The company's post-listing market capitalisation stood at ₹7,142 crore.