New Delhi, July 28 -- Savy Infra & Logistics IPO listing: Shares of Savy Infra & Logistics made a strong debut on the bourses on Monday, July 28, listing at Rs.136.50 on NSE SME, a premium of 13.75 percent over its IPO price of Rs.120.

The SME initial public offering (IPO), with a total issue size of almost Rs.70 crore, was open for bidding from July 21 to July 23. The offering received an extraordinary response from investors, closing with a subscription of 114.50 times.

The IPO attracted bids for 44.40 crore shares compared to the 38.78 lakh shares on offer. The retail investor portion was booked 91.62 times while the non-institutional investor (NII) segment witnessed 196.44 times subscription. Meanwhile, the qualified institutional b...