Category :
IPO
Headline :
Three M Paper Boards Ltd. debuts with 10.14% premium at Rs 76.00
Date:
22/07/2024 10:00
Three M Paper Boards Ltd. makes a strong debut on the bourses with scrip got listed at Rs 76.00 on the Bombay Stock Exchange, a 10.14 per cent premium to its issue price of Rs 69.00.
The company, which raised 0.58 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 57.72 lakhs shares.
The company, listed under MT 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 BSE.
The company anticipates using the proceeds of the issue for .
COMFORT SECURITIES PVT. LTD. as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 80,604.65, down 738.81 points, or 0.90 per cent.
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