BSE SME Antala Industries shares start on the back foot
Mumbai, Nov. 11 -- The scrip was listed at Rs 52.80, a 20% discount over the IPO price. The stock is currently down 5.36% over its listing price.
The counter hit a high of Rs 52.80 and a low of Rs 50.16. About 88,000 shares changed hands on the BSE.
Antala Industries' IPO was subscribed 12.19 times. The IPO opened for subscription on 29 October 2026 and closed on 5 November 2026. The price band was Rs 63-67 per share.
The issue comprised a fresh issue of 34.82 lakh shares. The company plans to utilise Rs 10.68 crore from the net proceeds towards working capital requirements and Rs 5.89 crore towards capital expenditure for purchasing machinery. The company has also earmarked a portion of the proceeds for general corporate purposes.
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