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Category :
IPO
Headline :
Sealmatic India Ltd. debuts with 0.00% discount at Rs 225.00
Date:
01/03/2023 21:00
Sealmatic India Ltd. makes a flat debut on the bourses with scrip got listed at Rs 225.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 225.00.
The company, which raised 0.25 Cr from initial public offering, was subscribed 16.63 times, receiving bids for 415.68 lakhs shares against the total issue size of 25.00 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Feb 17 to Feb 21.
Following a flat opening, the scrip touched an intraday high of Rs 236.25 and a low of Rs 216.00, before closing the session up by 5.00 per cent to its listing price at Rs 236.25 on the BSE.
The company anticipates using the proceeds of the issue for .
ISK ADVISORS PRIVATE LIMITED as lead managers & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 59,411.08, up 448.96 points, or 0.76 per cent.
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