Mumbai, Oct. 23 -- The scrip was listed at Rs 179, matching 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 179 and a low of Rs 170.05. About 8.02 lakh shares changed hands on the BSE.

Shellz India's IPO was subscribed 50.79 times. The IPO opened for subscription on 15 October 2026 and closed on 19 October 2026. The price band was Rs 170 to Rs 179 per share.

The issue comprised a fresh issue of 33.50 lakh shares. The company's board, on 14 October 2026, finalised the allocation of 9,04,800 equity shares to four anchor investors at Rs 179 per share, aggregating Rs 16.20 crore.

The company proposes to use Rs 22 crore towards repayment or prepayment of outstanding...