New Delhi, Feb. 14 -- Eleganz Interiors shares make a weak debut on Friday, February 14, listing at Rs.122 on NSE SME, a discount of 6.15 percent versus its IPO price of Rs.130.
Eleganz Interiors's initial public offering (IPO), valued at Rs.78.07 crore, was open for subscription from February 7 to February 11. The SME IPO price was fixed at Rs.130 per equity share.
Following the three days of bidding, Eleganz Interiors IPO closed with strong demand, garnering 30.65 times bids. The IPO received bids for 12.24 crore shares against 39.94 lakh shares on offer. The retail investor segment was booked 21.44 times, while the non-institutional investors (NII) category was subscribed 60.42 times. Moreover, the Qualified Institutional Buyers quot...
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