Ganesh Infraworld shares listed at a stellar 90% premium over its IPO price on the NSE SME platform, Emerge.
Listing Price:
Rs 157.70 per share
IPO Price: Rs 83 per share
Premium: 90%
Listing Date: Friday, December 6, 2024
Exchange: NSE SME Emerge
This strong listing performance indicates high investor confidence in the company’s future prospects. Ganesh Infraworld is a construction company that focuses on residential and commercial projects. The IPO was completely a fresh equity sale of 1.18 crore shares and was oversubscribed by 300 times.