New Delhi, Feb. 19 -- PS Raj Steels Infotech IPO Listing: PS Raj Steels witnessed a tepid market entry on Wednesday, February 19, with its shares debuting at Rs.145 each on the NSE Emerge platform, recording a premium of 3.57% over the issue price of Rs.140.

However, the stock recovered after the muted listing, rising to Rs.147.90 apiece, marking a 5.7% increase from the IPO price. The SME IPO, amounting to Rs.28.28 crore, was open for subscription from February 12 to February 14, 2025, at a fixed price of Rs.140 per share.

The issue is entirely a fresh offering of 20.20 lakh shares and garnered an overall subscription of 9.82 times. Non-institutional investors showed significant interest, subscribing to their segment 21.39 times, while...