New Delhi, July 16 -- Asston Pharmaceuticals IPO listing: Shares of AsstonPharmaceuticals made a weak debut on the bourses on Wednesday, July 16, listing at Rs.119 on BSE SME, a discount of 3.25 percent over its IPO price of Rs.123.

The SME initial public offering (IPO), with a total issue size of Rs.27.63 crore, was open for bidding from July 9 to July 11. The offering received an overwhelming response from investors, closing with a subscription of 186.55 times.

The IPO attracted bids for 27.85 crore shares compared to the 14.93 lakh shares on offer. The retail investor category was subscribed 172.06 times while the non-institutional investor (NII) segment witnessed 353.14 times subscription. Meanwhile, the qualified institutional buye...