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New Swan Multitech sees 90% premium listing over IPO price
Shares of New Swan Multitech listed with a premium of 90% on the BSE SME platform. The stock debuted at Rs 125.4, compared with an offer price of Rs 66. The company's shares commanded a GMP of Rs 56 in the unlisted market. The IPO was entirely a fresh equity issue of 50.16 and through the issue, the company plans to raise Rs 33.11 crore.