Apex Ecotech shares debut at 90% premium over IPO price on NSE SME platform

Apex Ecotech's shares debuted with a 90% premium over its Rs 73 issue price on Wednesday, listing at Rs 138.7. The SME IPO received a massive subscription of over 400 times. Funds from the IPO will be used for working capital and other corporate purposes. The company specializes in water and wastewater management solutions.