New Delhi, May 19 -- RFBL Flexi Pack share price made a moderate debut in the Indian stock market on Tuesday, 19 May. RFBL Flexi Pack share price listed at 5% premium over the IPO price of Rs.50 per share.

RFBL Flexi Pack share price opened at Rs.52.50 apiece on NSE SME. This means that the IPO allottees made a 5% gain over the RFBL Flexi Pack IPO listing. The NSE SME stock gained over 5% to Rs.55 apiece, immediately after listing.

The listing of RFBL Flexi Pack IPO exceeded the market expectations. Ahead of the debut, the GMP of RFBL Flexi Pack IPO was Rs.1.5 in the grey market, as per websites tracking unlisted market.

The offer garnered a healthy response from investors, while the company's shares also gained some momentum in the gr...