New Delhi, May 6 -- Iware Supplychain Services IPO Listing: Iware Supplychain Services made a weak debut on the NSE SME platform on Tuesday, May 6, listing at Rs.85 per share - a 10.52% discount to its issue price of Rs.95.
Despite weak listing, the stock continued to decline, slipping another 4.5% to hit a low of Rs.81.20 apiece. It is currently trading 14.52% below its IPO price.
The SME IPO, worth Rs.27.13 crore, was open for subscription from April 28 to April 30, 2025, at a fixed price of Rs.95 per share. The issue was entirely a fresh offer of 28.56 lakh shares.
Investor response to the IPO remained subdued, with an overall subscription of 2.96 times. The non-institutional investor (NII) portion was subscribed 2.65 times, while t...
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