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The Economic Times
The Economic Times
Ritesh Presswala

Poojaa Precision Engg shares list at 56% premium over IPO price on BSE SME platform

BSE IPO

Poojaa Precision Engineering Ltd. made a strong stock market debut on the BSE SME platform on Tuesday, listing at a 56.1% premium to its IPO price. The stock opened at Rs 470 against the issue price of Rs 301 per share.

The debut, however, fell short of grey market expectations. The stock had commanded a grey market premium (GMP) of around 78% ahead of the listing, signalling expectations of a stronger debut.

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