Shares of Anubhav Plast made a flat debut on Monday, listing at their IPO price of Rs 80 apiece on the BSE SME platform. The listing was in line with unlisted market expectations, as the grey market premium (GMP) had remained at zero ahead of the debut, indicating a flat listing.
The IPO received an overall subscription of 2.18 times, driven by strong participation from retail investors. The retail investor portion was subscribed to 2.60 times.