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Category :
IPO
Headline :
Manba Finance Ltd. debuts with 25.00% premium at Rs 150.00
Date:
30/09/2024 10:10
Manba Finance Ltd. makes a strong debut on the bourses with scrip got listed at Rs 150.00 on the Bombay Stock Exchange, a 25.00 per cent premium to its issue price of Rs 120.00. On the National Stock Exchange, the stock was listed at Rs 145.00.
The company, which raised 1.26 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 125.70 lakhs shares.
The company, listed under T Group Securities post its IPO, opened for subscription from Sep 23 to Sep 25.
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 .
Hem Securities Ltd as lead managers & Link Intime India Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 85,571.85, down 264.27 points, or 0.30 per cent.
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