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.
