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Category :
IPO
Headline :
Sati Poly Plast Ltd. debuts with 90.00% premium at Rs 247.00
Date:
22/07/2024 09:50
Sati Poly Plast Ltd. makes a strong debut on the bourses with scrip got listed at Rs 247.00 on the Bombay Stock Exchange, a 90.00 per cent premium to its issue price of Rs 130.00. On the National Stock Exchange, the stock was listed at Rs 247.00.
The company, which raised 0.13 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 13.35 lakhs shares.
The company, listed under ST Group Securities post its IPO, opened for subscription from Jul 12 to Jul 16.
Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the NSE.
The company anticipates using the proceeds of the issue for .
Beeline Capital Advisors Pvt. Ltd. as lead managers & Link intime India Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark NSE Nifty closed trade at 24,530.90, down 269.95 points, or 1.08 per cent.
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