New Delhi, March 28 -- Civil construction firm Active Infrastructures made its initial public offering (IPO) debut on the NSE SME platform, with shares listing at Rs 181 per share-precisely matching the issue price.

The listing closely aligned with grey market expectations, where pre-listing estimates had suggested a marginal premium of Rs 1 or 0.55 percent over the issue price.

The public offering consisted of a fresh issue of 4.30 million equity shares, aggregating to Rs 77.83 crore. Prior to the public listing, the company successfully raised Rs 4.43 crore from anchor investors during the bidding period concluded on March 20, 2025.

The public issue was open for subscription from March 21 to March 25, 2025, with a price band of Rs 17...