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PDP Shipping & Projects IPO Debut: Shares List at 20% Discount on BSE SME

  • By admin
  • March 18, 2025
  • 25 Views

PDP Shipping & Projects IPO Lists at 20% Discount on BSE SME

  • Listing Price: ₹108.25 per share, 19.81% below the issue price of ₹135.
  • Grey Market Impact: IPO debut fell short of expectations, as grey market premium suggested a flat listing.
  • IPO Details:
    Issue Size: ₹12.65 crore
    Subscription Period: March 10-12, 2025
    Oversubscription: ~1.01x
    Lot Size: 1,000 shares

Muted investor response led to a weak debut despite industry interest. Stay tuned for further market movements! 🚢📉

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