This company listed at a premium of 6%, but this stock became a rocket after a weak start
Tracxn Technologies IPO listing got listed on the stock market on Thursday. The company is listed on the NSE at a premium of Rs 84.50 per share or 5.63 percent
Tracxn Technologies IPO listing got listed on the stock market on Thursday. The company is listed on BSE at a premium of 3.75 percent over the issue price. At the same time, the company is listed on the NSE at a premium of Rs 84.50 per share or 5.63 percent. But at 10.10 in the morning, the company's shares were trading with a gain of 10 percent in NSE and 9.34 percent in BSE.
The pre-listing had disappointed
The pre-listing of the company had increased the beating of investors. Before listing, the company's shares were trading at a discount of Rs 15 per share. Let us tell you, the performance of the company was not very good in the gray market. According to gray market experts, on Wednesday, the company was trading at a premium of Rs. At the same time, the expert had also predicted the company's muted listing. According to this, the company has made a simple debut in the stock market.
Some big things related to the company's IPO
1- IPO price: The company had fixed the price band of the public offer from ₹ 75 to ₹ 80 per equity share
2- IPO date: The three-day subscription for the issue was open for bidding from 10 october 2022 to 12 october 2022.
3- IPO size: The company had plans to raise funds of ₹ 309.38 crores through IPO.
4- Public issue: IPO is a book build issue and it was purely offered for sale in nature.
5- IPO lot size: A bidder could apply in at least one lot. One lot consisted of 185 shares of the company.
