New Delhi, March 12 -- Elfin Agro India share price made a muted debut in the Indian stock market today, March 12. Elfin Agro share price was listed on Thursday at Rs.47.30 apiece on BSE SME, a premium of just 0.63% from its issue price of Rs.47.

The IPO marginally outperformed Street expectations, as seen from the grey market premium (GMP). The GMP for the IPO stood at Rs.0 per share, which indicated a likely listing price of Rs.47 - same as IPO price.

Elfin Agro India IPO witnessed decent subscription in the 3 days of bidding. It was subscribed 1.35 times by the end of Day 3. The retail portion was subscribed 0.59 times and the NII portion was booked 2.12 times.

The company received bids for 68.43 lakh shares against 50.58 lakh share...