Shares of Yaashvi Jewellers made a flat debut on the BSE SME platform on Tuesday, listing at Rs 83 apiece, the same as its IPO issue price. The listing was in line with expectations in the unlisted market, where the stock was commanding no grey market premium (GMP) ahead of its market debut, indicating subdued investor sentiment.
The Rs 43.9 crore IPO was open for subscription between May 25 and May 27, while the allotment was finalised on May 29. Shares are scheduled to list on the BSE SME platform on June 2. The issue was entirely a fresh issue of 52.86 lakh shares and was priced at Rs 83 per share.
