Macobs Technologies stock debuts with 28% premium over issue price

Macobs Technologies debuted on the NSE SME with a 28% premium, opening at Rs 96 compared to the issue price of Rs 75/share. Pre-listing, the company's shares traded with a Rs 14 premium in the unlisted market. The IPO, offering 25.95 lakh fresh equity shares, was oversubscribed over 200 times due to robust demand from non-institutional investors.