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Mumbai, May 10 (PTI) Fitness chain operator Talwalkars Better Value Fitness today listed at a premium of over 15 per cent over its issue price of 128 on the BSE. Shares of Talwalkars Better Value Fitness after opening firm on the Bombay Stock Exchange, surged 15.58 per cent to a high of Rs 147.95. On the National Stock Exchange, the stock jumped nearly 16 per cent to Rs 148. The company has listed with 2.41 crore shares on both the bourses. A total of 18,38,860 shares of the Fitness company changed hands on the bourses in the early morning trade. The company raised Rs 78 crore through its initial share sale. Of the total corpus Rs 50 crore will be used for setting up health clubs while the remaining Rs 20 crore for repaying loans. The company has 51 branches across major cities in the country, with 55,000 members.
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