New Delhi, Aug. 3 -- Advance Technoforge IPO listing: Advance Technoforge shares made a muted debut on the BSE SME on Monday, 3 August, in an otherwise positive market. The SME stock opened at Rs.94 against the issue price of Rs.95. After a weak opening, it extended losses, dropping to Rs.90, down over 5% from the issue price.

As per grey market sources, the stock's listing failed to meet expectations as the last grey market premium (GMP) of Advance Technoforge shares on Monday morning was Rs.4, suggesting the stock could list at a premium of over 4%.

(This is a developing story. Please check back for fresh updates.)

Published by HT Digital Content Services with permission from MINT....