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Bumper Debut: Rajesh Power Services lists at ₹636, 90% premium over IPO price

ByKaushiki

On Monday, December 2, Rajesh Power Services made a spectacular market debut when its shares were listed on the BSE SME at ₹636 each, which represents a 90% premium over the issue price of ₹335. Following the listing, the stock increased even more, hitting ₹668.30, over 100% higher than the IPO price. Investors responded favourably…

Everything You Need To Know About Rajesh Power Services: IPO Date, Price, GMP
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Everything You Need To Know About Rajesh Power Services: IPO Date, Price, GMP

ByKaushiki

The SME IPO of Rajesh Power Services, which went live on Monday, November 25, is seeing a respectable number of subscriptions. The goal of the three-day public offering, which ends on November 27, is to raise ₹160.47 crore. The initial public offering (IPO) has established a price range of ₹319–335 per share. The issue had…