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Category :
IPO
Headline :
Agarwal Float Glass India Ltd. debuts with 4.76% premium at Rs 44.00
Date:
23/02/2023 10:11
Agarwal Float Glass India Ltd. makes a strong debut on the bourses with scrip got listed at Rs 44.00 on the Bombay Stock Exchange, a 4.76 per cent premium to its issue price of Rs 42.00. On the National Stock Exchange, the stock was listed at Rs 44.00.
The company, which raised 0.22 Cr from initial public offering, was subscribed 4.62 times, receiving bids for 101.07 lakhs shares against the total issue size of 21.90 lakhs shares.
The company, listed under ST Group Securities post its IPO, opened for subscription from Feb 10 to Feb 15.
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 .
GYR CAPITAL ADVISORS PRIVATE LIMITED as lead managers & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark NSE Nifty closed trade at 17,554.30, down 272.40 points, or 1.52 per cent.
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