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Trafiksol's SME IPO, expected to double investors' money at debut, delayed by BSE
short by Hiral / on Tuesday, 17 September, 2024
The BSE postponed the listing of Trafiksol ITS Technologies on Tuesday less than an hour before its scheduled market debut. The listing has been delayed till queries raised are resolved by the issuer, said BSE. Trafiksol's ₹44.87-crore SME IPO, subscribed 345 times, was expected to more than double investors' money with 135% listing gains based on the grey market premium.
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