New Delhi, Dec. 3 -- Mother Nutri Foods IPO listing: Shares of Mother Nutri Foods listed at a premium of 1.19% on the BSE SME platform on Wednesday, December 3. Mother Nutri Foods' share price debuted at Rs.118.40, as against the initial public offering (IPO) price of Rs.117.
Soon after listing, the SME stock jumped to Rs.124.30 apiece, which happens to be its 5% upper price band.
The listing was better than expectations, as Mother Nutri Foods IPO did not see any traction in the grey market.
The offer also received a decent response, garnering 15.92 times the bids at the end of the three-day bidding period. The issue was open for subscription from November 26-28.
The retail portion of Mother Nutri Foods IPO was booked 11.31 times, the...
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