New Delhi, Jan. 18 -- Australian Premium Solar shares made a bumper stock market debut on Thursday as the stock was listed at Rs.140 apiece, a premium of 159.2% over the issue price of Rs.54, on NSE SME.

After listing, Australian Premium Solar shares extended gains and were locked at 5% upper circuit at Rs.147.

Australian Premium Solar IPO grey market premium was 100% ahead of the share listing today.

The IPO received strong demand from investors as it was subscribed 464.19 times in total. The public issue was subscribed 535.77 times in the retail category, 107.02 times in Qualified Institutional Buyers (QIB), and 772.87 times in the Non-Institutional Investors (NII) category.

The company raised Rs.28.08 crore from the SME IPO that op...