Mumbai, Oct. 8 -- The scrip was listed at Rs 60, a premium of 13.21% 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 60 and a low of Rs 57. About 15.64 lakh shares changed hands on the BSE.

Shree TNB Polymers' IPO was subscribed 1.91 times. The IPO opened for subscription on 28 September 2026 and closed on 5 October 2026. The price band was Rs 50 to Rs 53 per share.

The book-built issue comprised a fresh issue of 60 lakh equity shares aggregating Rs 31.80 crore.

The company raised Rs 9.04 crore from five anchor investors on 25 September 2026 through the allocation of 17.06 lakh shares at Rs 53 per share.

The company will use Rs 15.86 crore of the net procee...