Aasan Loans IPO lists at 6% premium: Should you hold or sell?

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Key Points

Aasaan Loans listing: The shares opened at Rs 127 on the NSE, marking a 6% premium over its issue price of Rs 120..

Akme Fintrade India Limited (Aasaan Loans) made an ordinary debut on the stock exchanges listing at a premium of a mere 6% over its issue price...

"Existing investors should closely monitor the company's performance and the broader market conditions and hold their position with a stop loss at the issue price," said Nyati...

Aasaan Loans IPO saw overwhelming demand, with the public issue receiving subscriptions of 54.49 times its offered shares...

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