Akanksha Power and Infrastructure shares list at 13% premium on NSE SME platform

Shares of Akanksha Power and Infrastructure were listed with a premium of 13% on the NSE SME platform on Wednesday. The stock is listed at Rs 62 as against an issue price of Rs 55.

Ahead of the listing the company’s shares traded with a premium of Rs 10.

The IPO, which was entirely a fresh equity issue of up to 49.98 lakh equity shares aggregating to Rs 27 crore, was subscribed 117 times at close.

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