Swastika Infra shares debut 8% higher after ₹161-crore IPO
In short
Swastika Infra shares listed at ₹200, above the ₹185 issue price, and rose more than 8% in debut trade. The company’s ₹161-crore IPO was subscribed 7.60 times.
This points to strong demand for the stock on listing day. The report does not say where the shares closed or whether the gains lasted.
What the reporting says
Swastika Infra shares debuted at ₹200 against an ₹185 issue price and climbed over 8% in early trade, after the ₹161-crore IPO was subscribed 7.60 times. The report shows strong listing demand, but it does not state the final closing price or whether the gains held. The immediate consequence is a positive debut for the newly listed company.
Why it matters
Swastika Infra listed at ₹200 versus an ₹185 issue price and rose more than 8% in debut trade after its ₹161-crore IPO was subscribed 7.60 times. That suggests strong investor demand at listing, though the report does not give the final close or broader trading context. The move is relevant to IPO investors and the small-cap market.