Shares of LEAP India made their D-Street debut on Friday, listing at a modest premium of 4% over their IPO price. The stock opened at Rs 166 apiece on the BSE, marking a 4.4% premium over the IPO price of Rs 159. On the NSE, it opened at Rs 165.90, translating into a 4.34% premium. The listing fell short of unlisted market expectations, which had suggested an 8% listing gain for IPO investors.
The stock was commanding a grey market premium of 8% ahead of its debut.