GENERAL30 Sept 2026
New IPO listings today: Price gains - Adroit Industries, Elevate Campuses, Swastika Infra, Armee Infotech shares debut | Stock Market News
Four mainboard IPOs listed on Wednesday, 30 September, giving mixed results for retail investors who applied. Adroit Industries jumped 86.57% over its ₹134 issue price, hitting the 5% upper circuit at ₹248.39. Swastika Infra gained 8.11% and also hit its upper circuit. But Elevate Campuses fell over 3%, while ArMee Infotech dropped 16%. Listing gains are never guaranteed.
Key Statutory Highlights
- Adroit Industries opened at ₹250 on the BSE, an 86.57% premium over its ₹134 issue price, and hit the 5% upper circuit at ₹248.39 per share.
- Swastika Infra listed at ₹200 against its ₹185 issue price, an 8.11% premium, and then hit the 5% upper circuit at ₹210 per share on the NSE.
- Elevate Campuses opened at a discount and fell over 3%, while ArMee Infotech listed flat and plunged over 16% to an intraday low of ₹306.65 on the NSE.
Actionable Advice for Taxpayers / Founders:If you applied for any of these four IPOs, check your allotment status and decide whether to hold or sell based on your own goals. Please remember that a strong listing or an upper circuit on day one does not guarantee future gains, so avoid chasing a stock only because it rose today.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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