Nikita Papers lists At 13.46% Discount
By Ankur Chandra | Published at: Jun 3, 2025 10:42 AM IST
Shares of Nikita Papers Ltd made a disappointing debut on the National Stock Exchange (NSE) SME platform today, opening at ₹90 per share, down 13.46% from its issue price of ₹104.
The stock was listed under the ST series for SMEs and began trading at 09:27 IST on June 3. Despite initial interest, no high or low trade data were available at the time of the report, and volume and turnover remained unreported.
Key Listing Highlights
| Particulars | Details |
|---|---|
| Issue Price | ₹104 |
| Listing Price | ₹90 |
| Listing Day Change | -₹14 (-13.46%) |
| Series | ST (SME Segment) |
| Trading Segment | Normal Market |
| Buy Quantity | 9,46,800 shares |
| Sell Quantity | 5,18,400 shares |
Strong Demand on Buy Side, But Limited Trades
The order book snapshot on page 2 indicates a significant mismatch between bid and ask prices. While buyers placed bids as high as ₹197.60 for bulk quantities (e.g., 56,400 shares), ask prices were dramatically lower, starting at ₹10.40. This unusual spread suggests listing-related market mechanics at play, likely due to pre-open session price discovery and SME segment volatility.
Company Status & Compliance
Nikita Papers is currently listed under the SME Board Status, and as of now, no financial results, corporate actions, or shareholding patterns have been published on the exchange portal.
REF: https://www.nseindia.com/get-quotes/equity?symbol=NIKITA
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