Mumbai, Oct. 3 -- The scrip was listed at Rs 135, matching the initial public offer (IPO) price. The counter hit a high of Rs 142.25 and a low of Rs 135.50. About 20.77 lakh shares of the company changed hands at the counter.
Earkart's IPO was subscribed 1.26 times. The issue opened for bidding on 25 September 2025 and it closed on 29 September 2025. The price band of the IPO was fixed at Rs 135 per share.
The IPO comprised 36,49,000 equity shares, including a fresh issue of 33,15,000 equity shares and offer for sale (OFS) of 3,34,000 equity shares. The promoter and promoter group shareholding diluted to 57.34% from 78.75% pre-issue.
The company intends to utilize the net proceeds for funding incremental working capital requirements of...
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