Stocks and Investing
Stocks and Investing
Mon, January 27, 2025
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Capital Numbers shares list with 4% premium on BSE SME platform
- Capital Numbers shares debuted at Rs 274 on the BSE SME platform, a 4.2% premium over the issue price of Rs 263. The IPO, with fresh equity and an offer for sale, saw subscriptions over 130 times. Funds will enhance technical advancements and business development.
The shares of Capital Numbers, a tech solutions provider, are set to list on the NSE SME platform today. The initial public offering (IPO) of Capital Numbers was priced at ₹425 per share, and the grey market premium (GMP) indicates a listing price of around ₹450, suggesting a modest premium of about 6% over the issue price. The IPO, which opened for subscription from January 17 to January 19, was oversubscribed by 10.5 times, reflecting strong investor interest. The company aims to use the proceeds for working capital requirements, investments in technology, and general corporate purposes. The listing is anticipated to be a positive event for investors given the company's growth prospects and the current market sentiment.
Read the Full Indiatimes Article at:
[ https://economictimes.indiatimes.com/markets/stocks/news/capital-numbers-shares-to-list-today-heres-what-gmp-indicates/articleshow/117588622.cms ]
Read the Full Indiatimes Article at:
[ https://economictimes.indiatimes.com/markets/stocks/news/capital-numbers-shares-to-list-today-heres-what-gmp-indicates/articleshow/117588622.cms ]
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