NSE SME Eventions struggles to hold ground after listing
Mumbai, Oct. 8 -- The scrip was listed at Rs 111, a 5.93% discount to the issue price. The stock is currently frozen at its lower limit of 5% from its listing price.
The counter hit a high of Rs 111 and a low of Rs 105.45. About 16.81 lakh shares changed hands on the NSE.
Eventions' IPO was subscribed 2.32 times. The price band was Rs 112-118 per share. The issue opened for subscription on 30 September 2026 and closed on 5 October 2026. The IPO comprised an entirely fresh issue of 32.30 lakh shares, aggregating to Rs 38.12 crore.
The promoter and promoter group holding declined to 73.46% after the IPO from 99.96% before the issue.
Eventions plans to use Rs 18.80 crore of the IPO proceeds to meet working capital requirements, Rs 7 cror...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.