Market Performance | Stock Market Today
Nanta Tech share price made a notable debut on the BSE SME today, December 31. The stock opened at ₹234 per share, reflecting a 6.36% premium over its IPO issue price of ₹220.
For investors tracking stock market today, the listing demonstrated a stable market response, signalling measured optimism without extreme volatility. The debut price reflected strong IPO participation and investor interest, aligning with the overall sentiment around SME listings in the current market.
Main News: Nanta Tech Share Price Opens Steady
The listing of Nanta Tech shares marked a significant milestone for the company and its investors. While pre-listing discussions hinted at a slightly higher potential debut, the stock opened comfortably above the issue price, signalling confidence among participants.
Key listing details:
- Issue price: ₹220 per share
- Listing price: ₹234 per share
- Premium at listing: 6.36%
The debut shows the stock was welcomed by the market without sharp fluctuations, reflecting solid investor demand and a well-structured IPO.
IPO Subscription Status
The Nanta Tech IPO received strong participation across all investor categories during its subscription period. The final subscription numbers were:
- Overall subscription: 6.43 times
- Retail investors: 2.91 times
- Non-institutional investors (NII): 7.03 times
- Qualified Institutional Buyers (QIB): 12.98 times
The company received bids for 64.30 lakh shares, compared to 9.99 lakh shares on offer, highlighting robust demand across segments.
IPO Timeline and Structure
Nanta Tech efficiently completed its IPO in a short timeframe:
- IPO opening date: December 23
- IPO closing date: December 26
- Basis of allotment finalised: December 29
- Listing date: December 31
The public issue successfully raised ₹31.81 crore, entirely via a fresh issue of 14 lakh equity shares, with no offer-for-sale portion.
The IPO was priced in a band of ₹209 to ₹220 per share.
Use of IPO Proceeds
As disclosed in the Red Herring Prospectus (RHP), the company plans to utilise the funds from the IPO as follows:
- Capital expenditure to set up an experience centre-cum-product display facility
- Working capital requirements
- General corporate purposes
The allocation of funds was clearly defined, supporting the company’s growth and operational objectives.
Investor Allocation Details
The IPO allocation across investor categories was structured to encourage broad participation:
- QIBs: 6,10,800 shares (42.24%)
- Retail investors: 5,07,600 shares (33.10%)
- NIIs: 2,41,200 shares (16.68%)
Retail investor specifics:
- Lot size: 600 shares
- Minimum and maximum bid: 1,200 shares
- Minimum investment at ₹220: ₹2,64,000
Anchor Investor Participation
Before the public issue opened, Nanta Tech raised funds via an anchor placement to strengthen investor confidence:
- Shares allotted to anchor investors: 3.60 lakh
- Price per share: ₹220
- Funds raised: ₹7.92 crore
- Date: December 22
This early investment provided a solid foundation ahead of the IPO subscription period.
Company Overview: About Nanta Tech
Incorporated in 2023, Nanta Tech Ltd operates in the audio-visual (AV) integration space, offering:
- AV product supply and distribution
- Service robots
- Software development
The company provides end-to-end AV solutions, covering:
- System design
- Integration and installation
- System management
- On-site support
Clients span multiple sectors including corporates, education, hospitality, and manufacturing. Nanta Tech positions itself as a comprehensive AV solutions provider, delivering integrated services from concept to execution and ongoing support.
IPO Intermediaries
The IPO process was managed by experienced intermediaries:
- Book-running lead manager: Smart Horizon Capital Advisors Private Limited
- Registrar to the issue: Bigshare Services Private Limited
Summary
The debut of Nanta Tech share price at ₹234 on BSE SME marks a strong yet measured start.
- Listing above issue price reflects healthy investor interest
- Strong IPO subscription across retail, NII, and QIB segments
- Clear fund utilisation plan strengthens business growth prospects
As stock market today watchers observe, Nanta Tech’s SME listing begins a steady journey in the market, showing the potential for a well-structured and investor-backed public debut.
Source: Livemint
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