Mumbai, Aug. 21 -- The scrip was listed at Rs 74, a 3.90% 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 74 and a low of Rs 70.30. About 3.10 lakh shares of the company changed hands at the counter.

Skytech Infinite Platform's IPO was subscribed 2.09 times. The issue opened for bidding on 14 August 2026 and it closed on 18 August 2026. The price band of the IPO was fixed between Rs 73 to Rs 77 per share.

The IPO comprised fresh issue of 29,45,600 equity shares. The promoter and promoter group shareholding diluted to 70.01% from 100% pre-issue.

The company intends to utilize the net proceeds for working capital requirements an...