NSE SME RFBL Flexi Pack gets a glossy market welcome on listing day
Mumbai, May 19 -- The scrip was listed at Rs 52.50, a 5% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.
The counter hit a high of Rs 55.10 and a low of Rs 52.50. About 62.07 lakh shares of the company changed hands at the counter.
RFBL Flexi Pack's IPO was subscribed 20.45 times. The issue opened for bidding on 12 May 2026 and it closed on 14 May 2026. The price band of the IPO was fixed between Rs 47 to Rs 50 per share.
The IPO comprised fresh issue of 70,65,000 equity shares. The company intends to utilize the net proceeds to meet capital expenditure requirements, funding working capital requirements and General corporate purposes.
RFBL Flexi Pack manuf...
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