Kalahridhaan Trendz lists at 4.7% premium to IPO price on NSE SME
Kalahridhaan Trendz: The stock opened at Rs 47.15 on the NSE SME platform against the issue price of Rs 45
Stay updated with breaking news from Bigshare Services. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Kalahridhaan Trendz: The stock opened at Rs 47.15 on the NSE SME platform against the issue price of Rs 45
Interiors and More IPO: The stock opened at Rs 270 against the issue price of Rs 227 on the NSE SME platform
The SME IPO of Zenith Drugs will finalize the allotment today. Investors can check the status on the registrar's website. The shares are fetching a GMP of Rs 20. The IPO price band is Rs 75-79. The stock is expected to get listed with a 25% premium on February 27.
Kalahridhaan Trendz debuted on NSE SME platform with a 4.8% premium. The IPO was subscribed 8 times. It manufactures fabric, embroidery works, and trades grey cloths. It does textile dyeing and printing. India's textile exports reached $44.4 billion in FY22.
Investors who get the IPO will receive the shares in their respective demat accounts on Monday, February 26 and those who didn't receive the IPO will get their refunds credited into their accounts on Monday.