/ — Proventus Agrocom Limited, the Mumbai-headquartered one-stop shop for healthy snacking solutions, made a stupendous debut on NSE Emerge the SME exchange platform of the National Stock Exchange.
The company’s shares were listed at a premium of 12% at Rs 862 a share over its issue price of Rs 771 per share. It locked at upper circuit with only buyers on exchange.
The company witnessed total traded volumes of 1.67 lakh shares and clocked a turnover of approx. Rs 13.86 crore as of 11am on its debut day.
The company’s IPO was issued open for subscriptions from May 24 to May 26 and the issue saw an overall subscription of close to 2.75 times.
On the listing ceremony, many dignitaries and industry personalities were present to grace the occasion.
Durga Prasad Jhawar, Managing Director & CEO, Proventus Agrocom, said: “We aim to inspire healthier choices for nutritious living and sustained well-being by facilitating our customers with nature’s most nutritious snacks. The IPO and its
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