IC Electricals shares list at 68% premium over IPO price on NSE SME platform

IC Electricals shares debuted on the D-Street with a 68% premium. The stock opened at Rs 166, significantly exceeding its IPO price of Rs 99. Investors showed immense interest, subscribing to the IPO 420.09 times across all categories. The company raised Rs 47.91 crore through a fresh issue of equity shares. Proceeds will strengthen working capital and support general corporate purposes.

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