Epack Prefab IPO listing: Shares of Epack Prefab Technologies made their debut at a discount on the BSE and NSE on Wednesday, October 1.
On the BSE, the stock listed at ₹186.10, nearly 9 per cent below its issue price of ₹204 and hit a high and low of ₹190 and ₹183.85, respectively.
On the NSE, Epack Prefab listed at ₹183.85, a discount of 10 per cent from the issue price. However, the stock hit a high of ₹192.95 on the NSE.
The stock’s listing failed to meet market expectations, as grey markets were expecting the stock to list flat.
According to investorgain.com, the last grey market premium (GMP) of Epack Prefab IPO GMP was nil, which meant shares were trading at their issue price of ₹204 with no premium or discount in the grey market.
(This is a developing story. Please check back for fresh updates.)
