New Delhi, Dec. 12 -- Methodhub Software IPO listing: Shares of Methodhub Software were off to a tepid start on Friday, December 12, as they debuted at a massive discount to the initial public offering (IPO) price on the BSE SME.
Methodhub Software share price opened at Rs.155.20 - a 20% discount to the offer price of Rs.194.
The listing missed expectations by a wide margin, as the grey market premium (GMP) earlier today was Rs.17, signalling an 8.76% listing pop.
Soon after listing, Methodhub Software shares witnessed some buying and jumped to their 5% upper price band of Rs.162.90. Yet, the SME stock remained 16.03% below its IPO price.
Methodhub Software IPO, a book-built issue of Rs.102.49 crore, was a combination of a fresh issue...
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