Mumbai, Feb. 14 -- The scrip was listed at 122, a discount of 6.15% over the initial public offer (IPO) price. The stock was currently down 3.69% over its listing price.

The counter hit a high of Rs 122 and a low of Rs 115.90. About 9.13 lakh shares of the company changed hands at the counter.

Eleganz Interiors' IPO was subscribed 28.57 times. The issue opened for bidding on 7 February 2025, and it closed on 11 February 2025. The price band of the IPO was set at Rs 123 to Rs 130 per share.

The IPO comprised a fresh issue of 42,95,000 shares. The company intends to utilize the net proceeds for repayment of certain outstanding borrowings, utilization towards working capital requirements and general corporate purposes.

Ahead of the IPO, ...