News Details
Category : IPO
Headline : Macobs Technologies Ltd. debuts with 28.00% premium at Rs 96.00
Date: 24/07/2024 10:40
Macobs Technologies Ltd. makes a strong debut on the bourses with scrip got listed at Rs 96.00 on the Bombay Stock Exchange, a 28.00 per cent premium to its issue price of Rs 75.00. On the National Stock Exchange, the stock was listed at Rs 96.00.

The company, which raised 0.26 Cr from initial public offering, was subscribed 156.33 times, receiving bids for 4,057.08 lakhs shares against the total issue size of 25.95 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Jul 16 to Jul 19.

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 .

SKI Capital Services Limited as lead managers & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 24,479.05, down 30.20 points, or 0.12 per cent.