Nikita Papers share price makes a weak debut, stock lists at 13% discount to IPO price on NSE SME
Nikita Papers share price made a weak debut on NSE SME today, June 3. Nikita Papers share price today opened at ₹104, a 13.46% discount to the issue price of ₹104.
The initial public offering (IPO) of Nikita Papers ran from Tuesday, May 27 till Thursday, May 29. With a face value of ₹10, the shares of Nikita Papers IPO price band were fixed at ₹104 apiece. Investors could apply for a minimum of 1200 shares and in multiples thereof. Nikita Papers IPO subscription status was 1.43 times on the last day of bidding.
The company operates in the manufacture of paper and related products, concentrating on producing a range of paper grades that meet the needs of industrial, commercial, and printing sectors. It prioritises eco-friendly…
