New Delhi, July 3 (H.S.) : Pro FX Tech's shares debuted strongly today, with an initial price of ₹87 under its IPO. On listing, shares jumped 9.20% to ₹95 and quickly hit the upper circuit at ₹99.75, giving IPO investors a 14.66% profit on the first trading day.

The IPO, which raised ₹40.50 crore, occurred from June 26 to June 30 and saw overwhelming demand, with subscriptions exceeding 25 times from QIBs, NIIs, HNIs, and retail investors. The offering consisted entirely of fresh shares, totaling 4.632 million. Funds raised will be allocated to repay debts, build new experience centers, and cover working capital and general corporate needs.

Hindusthan Samachar / Jun Sarkar