Shares of eMudhra Ltd were listed on stock exchanges on Wednesday. The company launched an initial public offering (IPO).

eMudhra shares were listed on BSE at Rs 271 and on NSE at Rs 270. The eMudhra IPO price was fixed at Rs 256.

The shares on BSE were trading at Rs 262.35 and Rs 260.80 on the NSE. The eMudhra IPO has a face value of Rs 5 per share.

The IPO issue size was Rs 412.79 crore. Out of the total, the fresh  issue is up to Rs 161 crore and the offer for sale is Rs 251.79 crore.

The IPO was subscribed over four times in the qualified institutional  buyer (QIB) category, 1.28 times in the non institutional investor (NII) category

And 2.61 times in the retail category.Overall, the IPO was subscribed 2.72 times.