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Anubhav Plast shares list flat at IPO price of Rs 80 on BSE SME platform

As reported by Stocks-Markets-Economic Times
Anubhav Plast shares debuted at their IPO price of Rs 80 on the BSE SME platform, mirroring grey market expectations. The company's Rs 80 crore IPO saw a 2.18 times subscription, with strong retail investor interest. Anubhav Plast manufactures ERW steel pipes and tubes, and swaged steel tubular poles, primarily for government projects. Proceeds will fund a new facility for crash barriers and solar panel structures.
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Anubhav Plast shares debuted flat at their IPO price of Rs 80 on the BSE SME platform, aligning with grey market expectations. The company's Rs 80 crore IPO was subscribed 2.18 times, driven by significant retail investor interest. Proceeds from the IPO will be utilized to fund…

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