Mumbai, March 3 -- The scrip was listed at 146, a discount of 16.57% over the initial public offer (IPO) price. The stock was currently up 2.95% over its listing price.

The counter hit a high of Rs 153.30 and a low of Rs 146. About 4.27 lakh shares of the company changed hands at the counter.

Beezaasan Explotech's IPO was subscribed 5.11 times. The issue opened for bidding on 21 February 2025 and it closed on 25 February 2025. The price band of the IPO was set at Rs 165 to Rs 175 per share.

The IPO comprised fresh issue of 24,56,800 equity shares. The promoter and promoter group shareholding diluted to 70.57% from 96.02% pre-issue.

The company intends to utilize the net proceeds for funding capital expenditure towards civil constructi...