New Delhi, Sept. 8 -- Rachit Prints share price made a weak debut in the Indian stock market today. The stock was listed on Monday at Rs.119.20 apiece on BSE SME, a discount of 20 percent to its issue price of Rs.149 per share.
Rachit Prints IPO listing was weaker than the muted Street expectations as indicated by the grey market premium (GMP). Rachit Prints IPO GMP today was Rs.0 per share. This indicated a flat listing of shares.
Rachit Prints Limited's IPO, which opened for public subscription on September 1 and closed on September 3, was successfully listed on the BSE SME platform on September 8. The allotment was finalized on September 4, paving the way for the debut.
The company raised Rs.19.50 crore through this book-building is...
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