New Delhi, Dec. 24 -- Global Ocean Logistics IPO Listing: Global Ocean Logistics shares made a lacklustre debut in the Indian stock market on Wednesday, December 24, listing at a mild premium over its initial public offering (IPO) price on BSE SME.

Global Ocean Logistics' share price was listed at Rs.79.20 apiece, a 1.54% premium over its IPO price of Rs.78. Soon after listing, Global Ocean Logistics' share price extended gains and hit the day's high of Rs.82.40.

The debut of the Global Ocean Logistics IPO was marginally better than market expectations. Ahead of listing, the IPO was commanding a grey market premium (GMP) of Rs.0, even as the SME issue witnessed strong investor demand during the subscription period.

The issue, which was...