Edelweiss Capital gave 75 percent profit on the listing day

Edelweiss Capital, a diversified financial services company, has listed at Rs 1443.75 on the NSE, with a premium of 75% over its offer price of Rs 825 and touched a high of Rs 1608.75, a whopping premium of 95%. Its hovering between 1450 to 1550 now , anything at the rate of 1400 should be a good buy and they are yet to get approval to start Mutual fund business and that income will kick in from 2008 results.