Mumbai, May 11 -- The scrip was listed at Rs 78.40, a 20% discount 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 82.30 and a low of Rs 74.50. About 15.20 lakh shares of the company changed hands at the counter.

Value 360 Communications' was subscribed 1.18 times. The issue opened for bidding on 4 May 2026 and closed on 6 May 2026. The price band of the IPO is fixed between Rs 95 to Rs 98 per equity share.

The IPO comprised fresh issue of 38,29,200 equity shares and offer for sale (OFS) of 4,24,800 equity shares by existing shareholders.

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