Akme Fintrade shares see a moderate listing. Should you exit?

Akme Fintrade, a rural and semi-urban-focused NBFC, had a moderate listing on Wednesday. Its shares opened at Rs 127, marking a 5.83% increase from its issue price of Rs 120. This performance contrasts sharply with the earlier excitement indicated by a higher pre-listing GMP. Despite receiving decent oversubscription, analysts noted that Akme Fintrade's cautious listing suggests investor restraint.