New Delhi, Dec. 15 -- Riddhi Display Equipment IPO Listing: Riddhi Display Equipment share price made a weak debut in the Indian stock market today, December 15. Riddhi Display share price was listed on Monday at Rs.80 apiece on BSE SME, a discount of 20% from its issue price of Rs.100.

The Riddhi Display SME IPO underperformed Street expectations, as seen from the grey market premium (GMP). The GMP for the IPO stood at Rs.0 per share, which indicated a likely listing price of around Rs.100 - same as the issue price.

Across the three-day bidding period, the Riddhi Display IPO generated a steady level of interest, closing with an overall subscription of 4.91 times. Retail investors showed the strongest participation, submitting bids amou...