Krishca Strapping Solutions lists at 120% premium

Krishca Strapping, a manufacturers of high-tensile steel straps, seals, and tools, raised around ₹18 crore through the IPO, which was subscribed 244.92 times.

By ET Bureau | Updated: May 27, 2023, 07.58 AM IST

The issue, which was sold in the price range of ₹51-54 a piece, was listed at ₹118.80 and closed at ₹112.90.

Mumbai: Krishca Strapping Solutions listed at a 120% premium to its initial public offer price on Friday on the NSE's SME platform. The issue, which was sold in the price range of ₹51-54 a piece, was listed at ₹118.80 and closed at ₹112.90.

Krishca Strapping, a manufacturers of high-tensile steel straps, seals, and tools, raised around ₹18 crore through the IPO, which was subscribed 244.92 times.

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