Bumper Debut| Maxposure lists at 340% premium over IPO price on NSE SME
Maxposure IPO: The stock opened at Rs 145 against the issue price of Rs 33 on the NSE SME platform
Source: moneycontrol.com
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Bumper listing! Maxposure share price debuts with over 339% premium at ₹145
Shares of Maxposure made a stellar debut on Tuesday, January 23. The stock listed at ₹145, a 339.39 percent premium to the issue price of ₹33.
Source: livemint.com
Maxposure share price: Maxposure shares debut with 339% premium on NSE SME platform
Maxposure shares debut on NSE SME platform with a premium of 339.4% after a successful IPO. The IPO, consisting of a fresh equity sale of 61.4 lakh shares, received over 900 times subscription. The stock listed at Rs 145 on NSE, compared with an offer price of Rs 33. The strong buzz was reflected in the grey market premium as well, with investors willing to pay a GMP of Rs 70. The net proceeds from the IPO will be used for various purposes including funding expenses, working capital requirements, and debt repayment.
Source: indiatimes.com
10 key things investors should know about Maxposure's stellar debut
Maxposure witnessed an exceptional debut on January 23, with its shares opening at ₹145, marking an impressive 339.39% premium over the issue price of ₹33.
Source: livemint.com
Primary Market Action | 7 IPOs to hit Dalal Street, 2 listings scheduled this week
IPO Action | There will be only one public issue from the mainboard segment and the remaining six initial public offerings are from the SME segment, while their total fund raising will be little more than Rs 300 crore.
Source: moneycontrol.com