Yajur Fibres made a weak debut on the SME platform, with its shares listing at a 20% discount to the IPO issue price, disappointing investors who were expecting a stable opening.
Yajur Fibres Listing Details
On debut, Yajur Fibres shares opened sharply lower, reflecting muted demand in the secondary market. The weak listing came in line with grey market trends, as the stock was trading flat at the IPO price with zero GMP ahead of listing.
What Went Wrong with the IPO Listing?
Market participants attribute the subdued debut to:
- Lack of grey market premium, indicating low pre-listing buzz
- Cautious investor sentiment toward SME IPOs
- Broader market volatility impacting risk appetite
The absence of listing gains suggests that investors remained wary despite the IPO subscription.
What Should Investors Do Now?
Experts advise investors to:
- Track the company’s post-listing business performance
- Focus on earnings growth and order visibility
- Avoid knee-jerk reactions in the initial days of trading
SME stocks often witness high volatility in early sessions.
Key Highlights
- Yajur Fibres lists at 20% discount to IPO price
- Zero GMP ahead of listing
- Weak debut on the SME platform
⚠️ Disclaimer: This article is for informational purposes only and does not constitute investment advice. SME stocks carry higher risk and volatility.
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