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eMudhra ends flat on debut after 9% spike over IPO price in intraday trade

The firm's Rs 413-crore IPO had garnered 2.7x subscription. Through the offer, eMudhra raised Rs 200 cr fresh capital, remaining was secondary sale

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The stock closed at Rs 259, up Rs 3, or 1.1 per cent over its issue price of Rs 256. The stock touched a high of Rs 279 and a low of Rs 255 on the BSE. eMudhra’s Ra 413-crore IPO had garnered 2.7 times subscription.

BS Reporter

1 min read Last Updated : Jun 02 2022 | 12:26 AM IST

Shares of digital certificates provider eMudhra ended little changed over their issue price on Monday. The stock closed at Rs 259, up Rs 3, or 1.1 per cent over its issue price of Rs 256. The stock touched a high of Rs 279 and a low of Rs 255 on the BSE.

eMudhra’s Rs 413-crore IPO had garnered 2.7 times subscription. Through the IPO, eMudhra raised Rs 200 crore in fresh capital and the remaining was a secondary sale. The retail investor portion of the issue was subscribed 2.6 times. The high networth individual and institutional investor portion

Topics : Digital signature Market trends Markets stock

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