On NSE, shares of the company jumped 3.36 per cent to close at Rs 686.35.
The company's market valuation stood at Rs 2,747.06 crore.
In terms of equity volume, 9.30 lakh shares of the company were traded on BSE and over 55 lakh shares changed hands on NSE during the day.
The company's Rs 650-crore public issue was open for subscription from December 6-8.
The price band for the initial public offer (IPO), subscribed more than 7.5 times, was fixed at Rs 660-664.
The issue comprised sale of 97,84,570 equity shares, amounting to 24.43 per cent stake, by Future Enterprises and private equity investor Griffin Partners.
Edelweiss Financial Services, CLSA India, Nomura Financial Advisory and Securities (India) Pvt Ltd, IDFC Bank, IIFL Holdings and Yes Securities (India) Ltd were the global coordinators and book running lead managers to the offer.