I think the listing will be around 52 and it will be closed at 53.55, but one should wait upto monday as the market will be start going in upward trend as the result of the Karnataka election will be out(pre polling result) so market will go up good to book profit around 61(total 10% upward) likely
As i told you earlier, it is bse listing, so it will not lists with too much premium. Whenever you get chance, please exit as price of the issue is too high compared to others of same industries....