Mumbai, May 15 -- The scrip was listed at Rs 156, a 14.75% discount to the initial public offer (IPO) price. The stock is currently up 3.78% over its listing price.

The counter hit a high of Rs 163.80 and a low of Rs 148.20. About 13.57 lakh shares of the company changed hands at the counter.

Simca Advertising's IPO was subscribed 76.22 times. The issue opened for bidding on 08 May 2026 and it closed on 12 May 2026. The price band of the IPO was fixed between Rs 174 to Rs 183 per share.

The IPO comprised fresh issue of 31,71,600 equity shares. The company intends to utilise the net proceeds for the purchase and installation of LED (light-emitting diode) screens; funding for strategic collaboration with Capital World Media Services Priv...