New Delhi, June 20 -- Aten Papers & Foam made its stock market debut with shares trading at Rs 85.50 on the Bombay Stock Exchange, representing a discount of 10.94 per cent from the initial public offering price of Rs 96.

The stock opened for trading at Rs 90, marking a 6.25 per cent decline from the IPO price, and remained frozen at its lower circuit limit of 5 per cent below the listing price throughout the trading session.

During the trading day, the stock recorded a high of Rs 90 and touched a low of Rs 85.50, with approximately 1.26 lakh shares changing hands.

The company's initial public offering attracted modest investor interest, achieving a subscription rate of 1.46 times during the bidding period that commenced on June 13, 20...