26/9/2024, 10:21:00 am

Kalana Ispat shares list at 32% discount over IPO price on NSE SME

Shares of Kalana Ispat made a weak start on its stock market debut on the bourses on September 26 after listing at Rs 45, a discount of 32% over the issue price of Rs 66 per share on the NSE SME platform. The Rs 32.6-crore public offer is entirely a fresh issue of 49.4 lakh shares. Over three days, the IPO received robust investor interest after the issue was subscribed 60 times.