BSE SME TNA Solutions fails to make the cut on debut
Mumbai, Oct. 9 -- The scrip was listed at Rs 56, a discount of 20% to the IPO price. The stock is currently down 4.82% over its listing price.
The counter hit a high of Rs 56 and a low of Rs 53.20. About 15.48 lakh shares changed hands on the BSE.
TNA Solutions' IPO was subscribed 51.39 times. The IPO opened for subscription on 30 September 2026 and will close on 6 October 2026. The price band was fixed at Rs 66 to Rs 70 per share.
The IPO comprised an entirely fresh issue of 54.08 lakh shares. TNA Solutions raised Rs 10.75 crore from nine anchor investors through the allotment of 15.36 lakh shares at Rs 70 per share on 29 September 2026.
The promoter and promoter group holding declined to 50.48% after the IPO from 68.69% before the i...
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