BSE SME Quanto Agroworld loses its footing after debut
Mumbai, Sept. 22 -- The scrip was listed at Rs 66.99, a 0.01% discount to the initial public offer (IPO) price. The stock is currently frozen at its lower circuit of 5% from the listing price.
The counter hit a high of Rs 66.99 and a low of Rs 63.65. About 10.82 lakh shares changed hands on the BSE.
Quanto Agroworld's IPO was subscribed 1.37 times. The issue was open for subscription from 15 to 17 September 2026 at a price of Rs 67 per share.
The IPO comprised a fresh issue of 46.30 lakh equity shares with a face value of Rs 10 each, aggregating to Rs 31.02 crore at the issue price.
The company plans to use Rs 3.79 crore from the proceeds for capital expenditure on a distillation plant at Ravalgaon, Maharashtra, Rs 15.23 crore for exp...
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