BSE SME Peshwa Wheat sees its debut turn sour
Mumbai, Oct. 1 -- The scrip was listed at Rs 100.05, a discount of 0.94% to the IPO price. The stock is currently frozen at its lower limit of 5% over its listing price.
The counter hit a high of Rs 100.05 and a low of Rs 95.05. About 4.48 lakh shares changed hands on the BSE.
Peshwa Wheat's IPO was subscribed 2.67 times. The issue comprised an entirely fresh issue of 52.99 lakh shares. The IPO opened for subscription on 24 September 2026 and closed on 28 September 2026. The price band was fixed at Rs 95-101 per share, with the issue price set at Rs 101.
The promoter and promoter group holding will decline to 52.39% after the IPO from 72.61% before the issue.
The company plans to use Rs 6.69 crore of the IPO proceeds towards the purch...
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