Mumbai, Sept. 16 -- The scrip was listed at Rs 57.60, a discount of 20% compared with the initial public offer (IPO) price. The stock is currently down 2.43% over its listing price.

The counter hit a high of Rs 57.60 and a low of Rs 54.72. About 1.98 lakh shares of the company changed hands at the counter.

Krupalu Metals' IPO was subscribed 1.18 times. The issue opened for bidding on 8 September 2025 and it closed on 11 September 2025. The price of the IPO was fixed at Rs 72 per share.

The IPO comprised fresh issue of 18,72,000 equity shares. The promoter and promoter group shareholding diluted to 68.12% from 100% pre-issue.

The company intends to utilize the net proceeds to meet funding capital expenditure towards purchase of additio...