Energy Mission Machineries SME IPO opens at 165% premium
SME IPO Energy Mission Machineries India listed at 165.21% premium at Rs 366 on NSE SME against the IPO price of Rs. 138.
Premium
The grey market premium for the IPO was 93%.
Grey market estimates
The SME IPO included 29.82 lakh shares worth Rs. 41 cr and was subscribed 320.67 times on the last day.
IPO offer
Energy Mission Machineries was founded in 2022 and is based in Snanad, Ahmedabad, Gujarat. The company offers different types of metal-forming machines.
About company
The IPO was opened for bidding from 9th May to 13th May. The allotment date was 14th May.