Exchanges often impose restrictions when there is unusual movement in share prices so as to curb volatility and potential losses to retail investors. Shares of the company fell as much as 8% to a low of Rs 2,425.35 on Wednesday intraday before closing 6% down at Rs 2,475.
Shanti Gold IPO subscribed 2.25x on Day 2; should you apply? Check GMP, review, and more
The Shanti Gold IPO is priced in the range of Rs 189 to Rs 199 per share, with a minimum application size of 75 shares