In contrast, the stock market has had a shaky start for the fourth straight session. On the other hand, the IPO of Harsha Engineers was successfully launched at Rs 444 per share with a 36% premium.
Today’s stock market debut of Harsha Engineers‘ initial public offering was spectacular. With the stellar launch of the corporation, investors have prospered. On the one hand, the stock market is off to a shaky start for the fourth session in a row. The IPO of Harsha Engineers, on the other hand, was offered for Rs 444 per share with a premium of 36%. The company’s shares was selling at Rs 474.90 at 10:25 a.m., up 6.96 percent from the IPO price. Harsha Engineers IPO touched 500 mark in intraday session.
Pre-opening session?
During the pre-opening session of IPO, Harsha was doing well. At 9.10 am on the BSE, the company’s shares were trading at Rs 404.90 with a premium of 22.70 percent. Let us notify you that 74.70 percent of the shares offered in the initial public offering of Harsha Engineering were oversubscribed.
When did the firm’s IPO happen?
This company’s initial public offering (IPO) ran from September 14 to September 16, 2022. Through this IPO, the company aimed to raise Rs 755 crore, of which Rs 300 crore came through OFS. Let us tell you that the 45-share lot size for the IPO was maintained by the firm. Also, if you want to know more about the financials of this company then click here.
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