SME IPO: Jiwanram Sheoduttrai Industries shares list at 30% premium over IPO price

The Kolkata-based company launched its Rs 17.07-crore IPO on September 8, comprising only a fresh issue of 74.22 lakh equity shares which included a reservation of 3.72 lakh shares for the market maker. The remaining 70.5 lakh shares, the net issue, were divided equally amongst retail investors and HNIs, which comes to 35.25 lakh shares each.

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