Polysil Irrigation Systems lists at 3.7% premium to IPO price on NSE SME
Fri, Feb 16, 2024 10:42 AM

Polysil Irrigation Systems lists at 3.7% premium to IPO price on NSE SME

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Polysil Irrigation Systems listed on the NSE SME platform at a 3.7% premium to its IPO price of Rs 54 per share. The company's public offer, which was subscribed 6.8 times, raised Rs 17.44 crore and the proceeds will be used for working capital requirements and general corporate purposes. The company manufactures HDPE pipes, fittings, and micro irrigation systems under the brand name Polysil.

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