Acme Solar Holdings disappoints D-Street; shares list at 13% discount
Post listing, shares of Acme Solar Holdings gained some ground and touched a high of ₹276.10, after debuting at ₹251 per share over IPO price of ₹289.
Post listing, shares of Acme Solar Holdings gained some ground and touched a high of ₹276.10, after debuting at ₹251 per share over IPO price of ₹289.
The current grey market premium (GMP) of ₹2 indicates a muted listing of Swiggy shares on the domestic bourses.
The ₹2,106.60-crore IPO of Bengaluru-based company, which was completely an offer for sale, was subscribed 3.20 times.
The share price of Afcons Infrastructure listed at ₹426 on the NSE, down 8% against the IPO price of ₹463 apiece.
Post listing, Waaree Energies shares gained as much as 74.6% to ₹2,624.40 on the NSE; the stock price of Deepak Builders declined 15.7% to hit a low of ₹171.
The listing of the Indian subsidiary of the South Korean automaker was lower than Street expectations as the stock was commanding GMP of ₹48 in the grey market.
Hyundai Motor shares were commanding GMP of ₹75 in the grey market today, estimating listing price to be around ₹2,035, a premium of 3.83% over the IPO price.
The listing of Garuda Construction was better than market expectations as the stock was trading flat in the grey market.
Post listing, Diffusion Engineers shares gained as much as 20.9% to touch a high of ₹203.17 on the NSE, while m-cap rose to ₹760.4 crore.
Undermining weak cues from the broader market, KRN Heat Exchanger shares listed at ₹480 apiece on the NSE against the issue price of ₹220.