Macobs Technologies share debuted well on Wednesday. Macobs Technologies shares were listed on NSE SME for ₹96 per share, a 28% premium over the issue price of ₹75.
Given that the Macobs Technologies IPO GMP, or grey market premium, was around 19% today, the IPO listing performed better than anticipated.
The Macobs Technologies IPO is an SME IPO that opened for subscriptions on Tuesday, July 16 and closed on Friday, July 19th. The IPO listing date is today, July 24 and the IPO allotment was completed on July 22. The shares of Macobs Technologies were listed on the NSE SME.
The pricing range for Macobs Technologies’ IPO was ₹71 to ₹75 per share. The company raised ₹19.46 crore through a book-built issue of 25.95 lakh equity shares, which was entirely fresh.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.