Ganesh Infraworld Shares Surge 90 Percent on NSE Emerge Debut

Ganesh Infraworld had a remarkable debut on the NSE Emerge platform, with its shares opening at a significant premium of 90% over the IPO price. The opening price was Rs 157.7, which was much higher than the issue price of Rs 83.

The IPO had a strong subscription rate of nearly 370 times for the Rs 98 crore SME issue, indicating strong investor interest and confidence in the company. The price band for the IPO was set between Rs 78 and Rs 83 per share.

This successful listing highlights the increasing attention that SME issues are receiving in the market.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings