Liotech Industries share price extends losses after listing at a 20% discount to the IPO price (opens original article in a new tab)

Liotech Industries shares opened 20% below IPO price and fell 5% on first day of trading, with IPO receiving modest investor interest.

• Liotech Industries share price opened at ₹257 on BSE SME, 20% below the IPO price of ₹321
• Shares fell 5% to ₹244.15 immediately after listing
• IPO received 1.91 times subscription with retail investors subscribing 2.97 times