Shares of Poojaa Precision Engineering surged on their market debut, listing at ₹470 on the BSE SME platform.
The opening price represents a 56% premium over the issue price of ₹301, marking a strong start for the manufacturer.
The sharp upside validates the intense interest shown during the subscription phase.
The initial public offering was subscribed 2.25 times, with the issue priced in the band of ₹285 to ₹301 per share.
The listing premium significantly outpaces the modest gains seen in recent comparable SME debuts, such as Lohia Corp, which listed at an 8.2% premium earlier this week.
The result underscores continued appetite among retail and institutional investors for small-cap engineering plays in India.