Mumbai, Feb. 13 -- The scrip was listed at 202, up 5.76% over the initial public offer (IPO) price. The stock was currently frozen at its upper limit of 5% over its listing price.
The counter hit a high of Rs 212.10 and a low of Rs 202. About 21.04 lakh shares of the company changed hands at the counter.
Solarium Green Energy's IPO was subscribed 8.28 times. The issue opened for bidding on 6 February 2025, and it closed on 10 February 2025. The price band of the IPO was set at Rs 181 to Rs 191 per share.
The IPO comprised a fresh issue of 39,36,600 shares. The company intends to utilize the net proceeds for working capital requirements and for general corporate purposes.
Ahead of the IPO, Solarium Green Energy on 5 February 2025, rais...
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.