News Details
Category : IPO
Headline : Jiwanram Sheoduttrai Industries Ltd. debuts with 30.43% premium at Rs 30.00
Date: 18/09/2023 16:20
Jiwanram Sheoduttrai Industries Ltd. makes a strong debut on the bourses with scrip got listed at Rs 30.00 on the Bombay Stock Exchange, a 30.43 per cent premium to its issue price of Rs 23.00. On the National Stock Exchange, the stock was listed at Rs 30.00.

The company, which raised 0.74 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 74.22 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Sep 08 to Sep 12.

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 .

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

Meanwhile, the broader benchmark NSE Nifty closed trade at 20,192.35, up 89.25 points, or 0.44 per cent.