BSE SME Sampark India Logistics stays on track with a premium market debut
Mumbai, July 7 -- The scrip was listed at Rs 89, a 5.95% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.
The counter hit a high of Rs 93.45 and a low of Rs 89. About 13.98 lakh shares of the company changed hands at the counter.
Sampark India Logistics' IPO was subscribed 4.67 times. The issue opened for bidding on 30 June 2026 and it closed on 2 July 2026. The price band of the IPO was fixed between Rs 80 to Rs 84 per share.
The IPO comprised a fresh issue of 32,40,000 shares. The promoter and promoter shareholding diluted to 71.94% from 97.78% pre-IPO. The company intends to utilise the net proceeds to meet its working capital requirements and for general...
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