New Delhi, May 15 -- Silkflex Polymers, a company engaged in trading textile printing inks and waterborne wood coating polymer products, made its stock market debut on the NSE SME platform on Wednesday.
The company's shares were listed at Rs 60 apiece, reflecting a 15 per cent premium over the issue price of Rs 52 per share.
Prior to the listing, Silkflex Polymers' shares were trading at a premium of Rs 10 in the unlisted market, indicating robust investor demand.
The initial public offering (IPO), comprising a fresh equity issue of 34.82 lakh shares, was oversubscribed by 39 times at the close, driven by strong interest from retail investors.
Silkflex Polymers is the authorised agent for a Malaysian brand, Silkflex Polymers, a prom...