5 Cos Shine on D-St Debut, Deliver Gains of Up to 159%
Business Standard|December 28, 2024
Five companies that got listed on Friday following their maiden share sales delivered gains between 18 per cent and 159 per cent.
5 Cos Shine on D-St Debut, Deliver Gains of Up to 159%

Leading the pack was Mamata Machinery, a manufacturer of machines used for making plastic bags, with its stock more than doubling. Shares of the company ended at ₹630, up ₹387, or 2.6 times, over the issue price of ₹243. The company's ₹179 crore IPO—entirely an offer for sale—was subscribed 195 times.

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