Shares of Carver Roboweld made a positive debut on the BSE SME platform on November 4, listing at a premium of 12.5 percent over the company's initial public offering (IPO) price of Rs 80 per share.
The stock listed at Rs 90 apiece on the BSE, translating into a listing gain of Rs 10 per share for IPO investors. Following the listing, the company's market capitalisation stood at approximately Rs 117.93 crore.
The listing is well above the grey market expectations, which had indicated a potential listing gain of around 5 percent on the morning of November 4, as per InvestorGain.
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The grey market premium is an unofficial indicator of investor sentiment and does not guarantee the actual listing price.