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Leapfrog Engineering Services share price hits 5% upper circuit after listing at discount

As reported by mint - markets
Leapfrog Engineering Services had a disappointing debut on BSE SME, opening at ₹22, 4.3% below its issue price. The IPO, which closed on 19 June, attracted a subscription status of 2.70x with plans for proceeds to support expansion and working capital.
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Leapfrog Engineering Services debuted on BSE SME at ₹22, a 4.3% discount to its issue price. Despite a disappointing start, the share price hit a 5% upper circuit later. The IPO, which closed on June 19, was subscribed 2.70 times, with funds earmarked for expansion and working…

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