Mumbai, May 12 -- The scrip was listed at Rs 188.10, a premium of 90% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit over its listing price.

The counter hit a high of Rs 197.50 and a low of Rs 188.10. About 7.32 lakh shares of the company changed hands at the counter.

Srigee DLM's IPO was subscribed 456.80 times. The issue opened for bidding on 5 May 2025 and it closed on 7 May 2025. The price of the IPO was set at Rs 94 to 99 per share.

The IPO comprised fresh issue of 12,30 000 equity shares. The company intends to utilize the net proceeds to setup manufacturing facility in Greater Noida, Uttar Pradesh, to acquire machineries for proposed manufacturing facility and general corpor...