Apex makes a fantastic debut
By
Ruma Dubey
about 7 years ago
Apex Frozen Foods, a shrimp producer and exporter of frozen shrimp from Andhra Pradesh has made a spectacular debut today on the BSE.
As against the IPO price of Rs.175, it got listed on the BSE at Rs.199.90 and is currently at Rs.209.85.
The IPO had received a good response, getting subscribed 6.10 times. Unlike previous issues where HNIs dominated, here retail investors category saw the maximum response, getting 8.53 times subscribed with HNIs portion coming in at 7.82 times and institutional investors at 1.91 times.