Subam Papers lists with 6% discount on the BSE
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Subam Papers has debuted at Rs 142.00 on the BSE, down by 10 points or 6.58% from its issue price of Rs 152.00.
The scrip is currently trading at Rs 148.00, down by 4 points or 2.63% from its issue price.
It has touched a high and low of Rs 148.90 and Rs 134.90 respectively. So far 13.79 lakh shares were traded on the counter.
The offering, which was open for subscription between September 30, 2024 and October 03, 2024 was subscribed around 92 times. The issue price was fixed at Rs 152.00 per share i.e. at upper end of price band of Rs 144-152 apiece.
Subam Papers is primarily engaged as manufacturers of Kraft Paper and Paper Products. The company caters to Indian as well as International market.
