Impressive Market Entry With 24 Premium

Aprameya Engineering's IPO Debut on NSE SME Exchange

Impressive Market Entry with 24% Premium

Aprameya Engineering, an engineering company, made a strong debut on the NSE SME platform today, July 27, 2023. The shares listed at Rs 72, a significant 24% premium over the issue price.

The positive market response signals strong investor confidence in the company's growth prospects. Aprameya Engineering's share price opened at Rs 72, highlighting the market's anticipation for the company's future performance.

The company's IPO was subscribed 1.5 times, with the quota for retail investors being fully subscribed. This positive response reflects the company's solid fundamentals and the market's recognition of its growth potential.

Aprameya Engineering is expected to utilize the IPO proceeds to expand its manufacturing capacity, enhance its product portfolio, and strengthen its distribution network. The company's focus on innovation and customer satisfaction is expected to fuel its growth in the coming years.