New Delhi, April 3 -- Shares of web solutions company Identixweb made their market debut on the BSE SME platform Thursday, April 3, 2025, listing at Rs 55 per share, representing a gain of 1.8 percent over the issue price of Rs 54.
The listing performance fell short of grey market expectations, where the company's shares had been trading at a premium of Rs 4 or 7.1 percent, reaching Rs 58 per share in unofficial markets prior to the official debut, according to sources tracking pre-listing activity.
Despite the modest listing, Identixweb's initial public offering had garnered strong investor interest with an overall subscription of 26.15 times.
Non-institutional investors showed the strongest demand, oversubscribing their allocated por...
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