BSE SME Dudani Retail makes its market debut with gains
Mumbai, Oct. 5 -- The scrip was listed at Rs 25, a premium of 13.79% to the IPO price. The counter hit a high of Rs 25 and a low of Rs 25. About 3.44 lakh shares changed hands on the BSE.
Dudani Retail's IPO was subscribed 1.40 times. The issue opened for subscription on 25 September 2026 and closed on 29 September 2026. The issue comprised a fresh issue of 36.36 lakh equity shares. The issue was priced at Rs 29 per share.
Promoters Akshay Dudani and Charu Dudani held 100% of the company before the issue. Their combined shareholding declined to 64.99% after the IPO.
Dudani Retail plans to use Rs 0.79 crore of the net proceeds for purchasing machinery and expanding and upgrading its existing manufacturing facility. It plans to use Rs 3 ...
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