Mumbai, Oct. 1 -- The scrip was listed at Rs 68, a discount of 5.56% over 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 68 and a low of Rs 64.60. About 4,800 shares of the company changed hands at the counter.
Solvex Edibles' IPO was subscribed 1.01 times. The issue opened for bidding on 22 September 2025 and it closed on 26 September 2025. The price of the IPO was fixed at Rs 72 per share.
The IPO comprised a fresh issue of 26,20,800 shares. The company intends to utilize the net proceeds to finance the capital expenditure for the purchase of plant and machinery, prepayment or repayment of all or a portion of certain outstanding borrowi...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.