Mumbai, Aug. 3 -- The scrip was listed at Rs 55.20, a 20% discount to the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 55.20 and a low of Rs 52.45. About 9.64 lakh shares of the company changed hands at the counter.

Propshop Events & Exhibitions' IPO was subscribed 1.50 times. The issue opened for bidding on 27 July 2026 and it closed on 29 July 2026. The price band of the IPO was fixed between Rs 65 to Rs 69 per equity share.

The IPO comprised fresh issue of 33,40,000 shares and offer for sale (OFS) of 8,00,000 shares by existing shareholders.

The company intends to utilise the net proceeds from the issue towards funding its working capit...