New Delhi, Aug. 11 -- The shares of Essex Marine made a lucklustre debut at Rs.43.20 apiece on Bombay Stock Exchange (BSE) SME. Essex Marine share price listed at 20 per cent discount over the IPO price of Rs.54.

The listing of the SME IPO came after the shares were trading flat in the grey market. Ahead of the listing, the shares of Essex Marine IPO were trading at Rs.54 each, reflecting a zero grey market premium (GMP) over the IPO price.

Essex Marine share price fell over 5 per cent lower circuit to Rs.41.04 immediately after listing on Indian stock market. The stock ascended over 24 per cent from its IPO price of Rs.54 per share.

The Kolkata-based seafood exporter and processor sought raised Rs.23 crore from the capital markets thr...