Spunweb Nonwoven shares listed with a stellar 57% premium at RS 151 on the NSE SME on Monday. The shares gained further to hit 5% upper circuit
Spunweb Nonwoven share price movement
Spunweb Nonwoven share price listed at ₹151, marking a steep 57% premium over the upper band of the offer price of ₹96 for the IPO. The Spunweb Nonwoven shares, indicating strong investor confidence, gained further to an intraday high of ₹158.55 on the NSE SME, which also happened to be the upper price band of the Spunweb Nonwoven shares. The Spunweb Nonwoven share price, therefore, was locked in the upper circuit.
