Integrity Infrabuild Developers shares make flat debut, shares list at ₹100.8, just a 0.8% premium to IPO price
Integrity Infrabuild Developers IPO listing: Shares of Integrity Infrabuild Developers IPO made a flat debut on the bourses on Tuesday, May 19, as they listed at ₹100.80 on NSE SME, a premium of just 0.8 percent to the issue price of ₹100.
The SME IPO, valued at 12 crore, was open for subscription from May 13 to May 15. The public offer was priced at ₹100 per share.
The IPO concluded on a subdued note, receiving bids amounting to 2.17 times the shares on offer over the three-day bidding period. A total of 24.61 lakh shares were bid for, compared to the 11.32 lakh shares available. The retail investor portion was subscribed 2.26 times, while the non-institutional investor (NII) category saw a subscription of 2.09 times.