UltraGreen.ai received a total subscription and indications of interest of 13.6 times for the 112,068,200 shares offered for its IPO, raising a total of US$162.5 million.
UltraGreen.ai debuted on the Singapore Exchange at US$1.51, a slight gain from its offer price of US$1.45.
The share price reached as high as US$1.62 before easing to close at US$1.52 for the day.
