New Delhi, March 5 -- Yaap Digital share price made a weak debut in the Indian stock market today, March 5. Yaap Digital share price was listed on Thursday at Rs.127 apiece on NSE SME, a discount of 12.4% from its issue price of Rs.145.

The IPO 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.145 - same as IPO price.

Yaap Digital IPO witnessed decent subscription in the 3 days of bidding. It was subscribed 4.26 times by the end of Day 3. The retail portion was subscribed 1.61 times, the NII portion was booked 5.05 times, and the Qualified Institutional Buyers (QIBs) segment received 8.29 times bids.

The company receive...