Overview

• Shares debuted at ₹305 on the BSE and opened at ₹300 on the NSE versus the ₹255 issue price.
• NSE data recorded 74,79,89,402 bids for 78,15,612 shares on offer, reflecting strong aftermarket interest.
• The public offer comprised a fresh issue of 85.18 lakh shares and an offer-for-sale of 10.02 lakh shares priced in a ₹237–255 band.
• Investor mix showed QIBs at 272.43 times, non-institutional investors at 108.17 times, and retail at 42.49 times.
• Proceeds are slated for ₹59 crore in debt repayment, ₹115 crore for working capital, and general corporate purposes, following over ₹43 crore raised from anchor investors.