News Details
Category : IPO
Headline : Auro Impex & Chemicals Ltd. debuts with 0.00% discount at Rs 78.00
Date: 23/05/2023 10:10
Auro Impex & Chemicals Ltd. makes a flat debut on the bourses with scrip got listed at Rs 78.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 78.00. On the National Stock Exchange, the stock was listed at Rs 78.00.

The company, which raised 0.35 Cr from initial public offering, was subscribed 66.86 times, receiving bids for 2,320.31 lakhs shares against the total issue size of 34.70 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from May 11 to May 15.

Following a flat 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 .

Affinity Global Capital Market Pvt. Ltd. as lead managers & CAMEO CORPORATE SERVICES LTD. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 18,314.40, up 111.00 points, or 0.60 per cent.