Clay Craft India IPO listing: SME stock lists at a 4% premium over issue price, hits upper price band (opens original article in a new tab)

Clay Craft India IPO shares listed at a 4% premium on NSE SME, reaching an upper price band 9% above the issue price, though below grey market expectations.

• Clay Craft India shares listed at ₹211 on NSE SME, a 4% premium over issue price of ₹203
• SME stock hit upper price band of ₹221.55, 9% above issue price
• Grey market sources indicated lower expectations with a predicted listing at ₹238