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The Economic Times

Business

Akash Podishetti

Vegorama Punjabi shares make strong D-Street debut, list at 53% premium on BSE SME

IPO BSE SME Stock Market

In a solid market debut, shares of Vegorama Punjabi Angithi listed at 53% premium on Wednesday. The stock listed at Rs 118 on the BSE SME platform over its issue price of Rs 77 per share.

Based on the issue price of Rs 77 per share, the GMP implies a likely listing price of around Rs 86 in the unofficial market. The BSE SME IPO had opened for subscription between May 20 and May 22, while the allotment was finalised on May 25. The shares are scheduled to list on the BSE SME platform on May 27.

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