ANB Metal Cast, which produces high-quality aluminum extrusions for motor bodies, solar profiles, railings, and sliding windows, made its debut on the NSE SME with a premium price. The IPO received more than 2 times oversubscription, and shares were issued at ₹156.00 each. The market witnessed a strong response from investors towards the IPO listing, indicating confidence in the company’s business prospects. With only new shares issued under the IPO, investors are keen to see how the company will utilize the funds raised through this offering.
ANB Metal Cast IPO Listing: Shares Debut with Over 5 Percent Premium
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