New Delhi, April 6 -- Cybersecurity firm TAC Security made an impressive stock market debut on Friday, listing at a staggering 174 per cent premium on the NSE Emerge platform, the Small and Medium Enterprise (SME) segment of the National Stock Exchange (NSE).

The company's shares commenced trading at Rs 290 apiece, a significant premium over the fixed price band of Rs 106 in its recently concluded initial public offering (IPO).

TAC Security's IPO garnered a tremendous response from investors, with the overall issue being oversubscribed a whopping 422 times by the final day of bidding on April 2. The robust demand translated into bids worth over USD 1 billion for the cybersecurity firm's public issue.

Breaking down the subscription figu...