Swastika Infra Shares Debut On BSE, NSE

Economic Times Markets · stocks

Swastika Infra shares are set to list on the BSE and NSE today, September 30. The company's shares are currently trading at a grey market premium of approximately 3%, suggesting modest expectations for its debut. The Rs 160.88 crore IPO involved a fresh issue and an offer for sale, with Swastika Infra raising Rs 48.26 crore from anchor investors prior to the public issue. The company plans to use IPO proceeds for working capital and general corporate purposes.