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Shree Tirupati Balajee Shares Surge 11% on Listing Day

Balajee Secures ₹50.9 Crore from Institutional Investors via Anchor Book on September 4

Shares of Shree Tirupati Balajee Agro Trading Company Ltd had a solid debut on September 12, listing at ₹92.90 on the Bombay Stock Exchange (BSE), which is a 12% premium over the issue price of ₹83 per share.

However, the listing gains fell short of grey market expectations, where shares had been trading at a premium of around 33%. The grey market is an unofficial trading platform where shares are traded before the official subscription period and until the listing day.

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