Mumbai, Dec. 22 -- The scrip was listed at Rs 100.80, a discount of 20% compared with the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 100.80 and a low of Rs 95.80. About 27,000 shares of the company changed hands at the counter.

Neptune Logitek's IPO was subscribed 1.57 times. The issue opened for bidding on 15 December 2025 and it closed on 17 December 2025. The price of the IPO was fixed at Rs 126 per share.

The IPO comprised fresh issue of 37,00,000 equity shares. The promoter and promoter shareholding diluted to 72.99% from 99.99% pre-IPO.

The company intends to utilize the net proceeds for funding capital expenditure requirement of c...