BSE SME stocks in focus: After getting listed at par on BSE SME exchange on Monday (April 17, 2023), shares of Axicon Events Media Solutions Ltd. is continuing to trade in the upper circuit. BSE SME stock on Monday closed at the upper circuit of 5 per cent and SME stock Upper circuit has also been engaged in Tuesday morning deals.
SME stock opened with gains today and hit upper circuit within seconds stock market opening bell today Because no seller was available from the available stock 70.56 each. BSE The SME IPO was launched at a price band of since 61 64, which means SME stock has given returns of over 10 per cent to the lucky allottees who remained invested in the stock after the par-listing of the public issue.
Axicon Events Media Solutions share price history
Axicon Events Media Solutions Limited IPO (Initial Public Offering) was launched on 31st March 2023 and the IPO is proposed to be listed on BSE SME Exchange. public issue worth Rs 21.12 crore was available for bidding till 5 April 2023. Axicon Events Media Solutions Ltd was book build in nature and was subscribed 1.95 times. The retail portion of the public offering was subscribed 2.31 times while the NII portion was subscribed 3.28 times. The QIB portion of the public issue was also fully subscribed.
Shares of Axicon Events Media Solutions Limited got listed on BSE SME Exchange on Monday, following the successful allotment of shares on April 11, 2023. Open on SME Stock 64 on BSE but attracted buying after listing and hit intraday high 67.20 per share, locking-in at 5 per cent upper circuit on listing date. SME stock opened on a higher note on Tuesday as well and hit upper circuit of 5 per cent within seconds of market opening today.
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