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Vishal Nirmiti shares list at 2% discount over IPO price on NSE, BSE ↗

On October 8, Vishal Nirmiti made a subdued debut in the stock market, listing below the issue price. This IPO, amounting to Rs 178 crore, included both a fresh issue and an offer for sale. Subscription rates were notably high among retail and non-institutional investors. Proceeds from the IPO are set to support working capital needs and repay loans.

From The Economic Times Stocks

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2 sources

  1. Business Standard Markets · 8 Oct, 10:01 IST
  2. The Economic Times Stocks · 8 Oct, 09:18 IST

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