The shares of Alpex Solar delivered 215% returns to its investors so far. The stock was listed on the NSE SME platform on Thursday with a premium of 186%, after which it rallied further to close the day at Rs 345 as against an issue price of Rs 115.
The shares of Alpex Solar nearly tripled investors wealth on the first day of debut. The stock listed on the NSE SME platform with a premium of 186%, after which it rallied further to close the day at Rs 345 as against an issue price of Rs 115.
​Alpex Solar IPO continued to garner a bumper response from investors on Friday, the second day of the bidding process with an overall subscription of nearly 51 times.
The initial public offer (IPO) of Alpex Solar is generating strong interest among investors with an overall subscription at 16 times so far on Thursday, the first day of bidding process. The Rs 74.5 crore SME IPO is completely a fresh equity issue of 64.8 lakh shares.