Shares of Acropetal Technologies Limited listed on the BSE where a listing ceremony was held and the NSE. The share opened at Rs 130 on the BSE and Rs 92 on the NSE respectively. The high was Rs 150 on the BSE and Rs 140 on the NSE while the low was Rs 105.60 on the BSE and the open of Rs 92 on the NSE.

The company had tapped the capital markets with its IPO to raise Rs 170 crs in a price band of Rs 88-90. The issue was subscribed 1.28 times. The share saw brisk trading and was trading strong even though the markets were weak.

In the first 75 minutes of trade the stock was trading around Rs 129 which is a gain of Rs 39 or roughly 43%. The volumes have been good and the total traded volume is 231.82 lacs or 1.22 times the IPO size of 188.88 lac shares. The weighted average of the day so far is Rs 127. The share has had a good start and all investors have had a chance to exit the stock with decent gains. It would be interesting to see how the stock closes today.