Aztec Fluids & Machinery share price lists with strong 34.33% premium at ₹90 on the BSE SME

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₹90 per share on the BSE SME on Friday. The investors expectations also had remained high for decent listing gains from the Aztec Fluids & Machinery IPO . The same was evident from the from subscription status and grey market premium.

The Aztec Fluids & Machinery IPO had been subscribed 218 times, while retail portion was subscribed 228.43 times by the end of closing day of IPO on 14, May 2024. The Aztec Fluids & machinery IPO had opened for subscription on Friday'10 May 2024. Also Read- Premier Roadlines share price makes a positive debut, stock opens with 30% premium at ₹87 apiece on NSE SME As per investorgain.com, the grey market premium (GMP) for the Aztec Fluids & Machinery initial public offering (IPO) was ₹54.

This indicates that shares were trading in the gray market for ₹121, which wa 80.60% more than the ₹67 issue price. A "grey market premium" indicates that investors are willing to part with more money than the issue price. According to the Red Herring Prospectus (RHP), Aztec Fluids & Machinery specializes in offering coding and marking solutions for a range of sectors.

Among its varied clientele are industries including metals, automotive and electronics, food and beverage, pharmaceuticals, building materials, cables, wires, and pipes, as well as agrochemicals, chemicals, and petrochemicals. Also Read-Go Digit IPO last bidding date today: Should you subscribe or not? Check GMP, subscription status, other details The company sells printers, printers that are thermal transfer over (TTO), laser, NIJ (piezoelectric), and continuous inkjet (CIJ) along with inks, consumables, makeup, and cleaning solvents. The book-built issue of Aztec Fluids & Machinery for ₹24.12 crores comprised entirely a fresh issue of 36