Mumbai, Sept. 8 -- The scrip was listed at Rs 119.20, a discount of 20% compared with the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 119.20 and a low of Rs 113.25. About 29,000 shares of the company changed hands at the counter.

Rachit Prints' IPO was subscribed 1.92 times. The issue opened for bidding on 1 September 2025 and it closed on 03 September 2025. The price band of the IPO was fixed between Rs 140 to Rs 149 per share.

The IPO comprised a fresh issue of 13,08,000 equity shares. The promoter and promoter group shareholding diluted to 67.69% from 92.09% pre-issue.

The company intends to utilize the net proceeds to meet its working...