ACME Photo voltaic Holdings made a weak debut on the bourses, itemizing at Rs 251 on NSE, a 13.15 per cent low cost to its IPO value of Rs 289.
On BSE, the inventory opened barely greater at Rs 259, nonetheless down over 10 per cent from the difficulty value.
The Rs 2,900 crore IPO included a recent concern of Rs 2,395 crore and an OFS value Rs 505 crore by ACME Cleantech Options. Regardless of its sturdy development in renewable tasks, the tepid itemizing displays market considerations over valuation.
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