Influx Healthtech, the healthcare-focused SME, made a remarkable entry into the stock market by listing at ₹132.50 per share on the NSE Emerge platform on June 25. This marks an impressive 38% premium over its IPO price of ₹96.
Listing Beats Grey Market Expectations
What’s even more noteworthy is that the listing significantly outperformed grey market expectations. Before listing, unlisted shares of the company were trading at a 21% premium (around ₹116), but the actual debut surpassed these estimates by a wide margin.
Investor Demand Was Exceptionally High
Influx Healthtech’s IPO garnered massive interest from investors. During its three-day subscription period from June 18 to June 20, the issue was subscribed a massive 187.32 times, signaling strong trust and enthusiasm among market participants.
Key Highlights
IPO Price: ₹96 per share
Listing Price: ₹132.50 per share
Listing Platform: NSE Emerge
Premium on Listing: 38%
Grey Market Premium Before Listing: 21%
IPO Subscription: 187.32 times
The strong debut showcases investor confidence in the company’s growth potential and highlights the increasing interest in quality SME listings in the Indian stock market.
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