Inventurus Knowledge Solutions (IKS) shares commenced trading on the National Stock Exchange (NSE) at ₹1,900 per share, representing a 42.96% premium over its initial public offering (IPO) price of ₹1,265-₹1,329.
This strong listing, following a 52.68 times subscription for the ₹2,498 crore IPO, resulted in a market capitalization of ₹32,977.22 crore for IKS, exceeding grey market predictions; on the BSE, the stock opened at ₹1856, approximately 40% above the IPO price.