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.

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