Current Infraprojects IPO listing: Shares of Current Infraprojects made a stellar debut on NSE SME on Wednesday, September 3, listing at a solid premium of 90 per cent, in a lacklustre market.
The stock’s listing exceeded grey market expectations. The last grey market premium (GMP) of Current Infraprojects was ₹50, which indicated the stock could be listed at a premium of 62 per cent.
Current Infraprojects’ share price opened at ₹152 on the NSE on Wednesday, September 3, compared to its issue price of ₹80. The SME stock witnessed volatility, jumping to its 5 per cent upper circuit of ₹159.60, and sliding to its 5 per cent lower circuit of ₹144.40. Around 10:35 a.m., the stock was trading at ₹150.90, up nearly 89 per cent from its issue price.
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