News Details
Category : IPO
Headline : Ambo Agritec Ltd. debuts with 33.66% premium at Rs 40.10
Date: 02/12/2022 11:50
Ambo Agritec Ltd. makes a strong debut on the bourses with scrip got listed at Rs 40.10 on the Bombay Stock Exchange, a 33.66 per cent premium to its issue price of Rs 30.00.

The company, which raised 0.34 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 34.00 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Nov 21 to Nov 24.

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 .

Finshore Management Services Ltd. as lead managers & CAMEO CORPORATE SERVICES LTD is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 63,284.19, up 184.54 points, or 0.29 per cent.