Aprameya Engineering share makes debut on NSE SME with 24% premium

Aprameya Engineering’s share price debuted well on the NSE SME today. The opening price of Aprameya Engineering’s shares today is ₹72, which is 24.14% more than the ₹58 issue price.

Aprameya Engineering’s IPO began on Thursday, July 25 and ended on Monday, July 29. The offer price ranged from ₹56 to ₹58, with a face value of ₹10 per share. There are many of those shares available, as well as at least 2,000 shares up for bid. On the last day of bidding, Aprameya Engineering’s IPO subscription status was 192.57 times.

The IPO includes 50% of the net issue for QIB, 35% for retail investors and 15% for the NII section.

Since each application must have a minimum lot size of 2000 shares, individual investors were required to deposit a minimum of ₹1.16 lakh. Due to their minimum bidding size of two lots, or 4000 shares, HNIs were required to invest a total of ₹2.32 lakh at the higher price range.

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