Presstonic Engineering Limited IPO
Presstonic Engineering Limited was a SME IPO in the Industrial Products sector, offered at ₹72–₹72 per share to raise ₹23 crore. It listed on 18 Dec 2023 at ₹140 and closed its first day at ₹147, a listing gain of +104.2% versus the ₹72 issue price. It now trades around ₹41 (-42.9% versus the issue price).
Frequently asked questions
- What were the Presstonic Engineering Limited IPO listing gains?
- Presstonic Engineering Limited listed on 18 Dec 2023 at ₹140, closing its first day at ₹147 — a listing gain of +104.2% versus the ₹72 issue price.
- What was the price band and lot size of the Presstonic Engineering Limited IPO?
- The price band was ₹72–₹72 per share, with a minimum lot of 1,600 shares (₹1,15,200 at the upper band).
- Who were the registrar and lead manager for the Presstonic Engineering Limited IPO?
- Cameo Corporate Services Limited was the registrar, and Finshore Management Services was the book-running lead manager.