New Delhi, Dec. 18 -- Shares of Pajson Agro India were listed at a premium on Thursday, December 18, defying the weak stock market sentiment. Pajson Agro India share price got listed at Rs.124 on the BSE SME, a premium of Rs.6 or 5.08% over its initial public offering (IPO) price of Rs.118.

The listing was in line with expectations, as seen from the grey market premium (GMP). Pajson Agro India IPO GMP ahead of listing was Rs.6, signalling a listing premium of 5.08%.

Pajson Agro India IPO saw a decent demand, garnering 2,71,70,400 applications as against 41,79,600 shares on offer, translating into a subscription of 6.50 times. The retail portion of the IPO was booked 3.85 times, and the non-institutional investor (NII) quota was subscrib...