Mumbai, July 3 -- The scrip was listed at Rs 88, a discount of 20% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 88 and a low of Rs 83.60. About 17,000 shares of the company changed hands at the counter.

Valencia India's IPO was subscribed 1.27 times. The issue opened for bidding on 26 June 2025 and it closed on 30 June 2025. The price band of the IPO was set at Rs 95 to Rs 110 per share.

The IPO comprised 44,49,600 equity shares, including a fresh issue of up to 39,99,600 shares and an offer for sale (OFS) of up to 4,50,000 shares.

The company intends to utilize the net proceeds for development of 15 villas and club hous...