The IPO of Ratnaveer Precision Engineering, which ended on September 6, received a strong response from investors with the overall subscription at 93.95 times at close.
Shares of Ratnaveer Precision debuted at Rs 128 apiece, registering a jump of 30.61 per cent from the issue price on the BSE. Later, it zoomed 36.73 per cent to Rs 134.
Markets regulator has recently announced changes to IPO listing rules, reducing the timeline from the T+6 days to T+3 days, where T is the IPO closing date.