Mumbai, Feb. 23 -- The scrip was listed at Rs 270, a premium of 18.94% compared with the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 283.50 and a low of Rs 270. About 6.58 lakh shares of the company changed hands at the counter.

Interiors & More's IPO was subscribed 7.67 times. The issue opened for bidding on 8 February 2024 and it closed on 20 February 2024. The price band of the IPO was set at Rs 216 to 227 per share.

The IPO comprised fresh issue of 18,54,400 equity shares. The promoter and promoter shareholding diluted to 69.93% from 95.08% pre-IPO.

The company intends to utilize the net proceeds for repayment/ prepayment of certain d...