GB Logistics Makes Weak Debut on BSE SME Platform, Lists at 20% Discount

GB Logistics Makes Weak Debut on BSE, Lists at 20% Discount

Logistics services provider GB Logistics Commerce Ltd had an underwhelming market debut on Friday, January 31, as its shares listed at a 20% discount on the BSE SME platform. Listing Performance The stock opened at ₹81.6 per share, significantly lower than its issue price of ₹102 per share, resulting in an immediate loss of 20%…

IPO Roundup: Denta Water IPO Sees 221x Subscription; EMA Partners Lists at 26% Premium

IPO Roundup: Denta Water IPO Sees 221x Subscription; EMA Partners Lists at 26% Premium

The primary market remained abuzz today with the opening of two new SME initial public offerings (IPOs), while two others closed with impressive subscription figures. Here’s a look at the major developments in the IPO market on Saturday, January 25: HM Electro Mech IPO Sees Strong Opening The IPO of HM Electro Mech Ltd opened…