News > Saraswati Saree shares debut at 25% premium over IPO price
Saraswati Saree shares debut at 25% premium over IPO price
20/08/2024 11:12 AM | Click to read full article
Shares of Saraswati Saree Depot Ltd. are listed on the BSE at Rs 200 apiece, a premium of 25% over its issue price of Rs 160 per share. On the NSE, the stock debuted at Rs 194 per share, marking a premium of 21%. The company's IPO was subscribed 107.52 times on its third and final day, led by non-institutional investors. The public issue consists of a fresh issue of 64.9 lakh shares and an offer-for-sale component consisting of 35.01 lakh shares.
