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Category :
IPO
Headline :
Patron Exim Ltd. debuts with 5.18% premium at Rs 28.40
Date:
07/03/2023 10:30
Patron Exim Ltd. makes a strong debut on the bourses with scrip got listed at Rs 28.40 on the Bombay Stock Exchange, a 5.18 per cent premium to its issue price of Rs 27.00.
The company, which raised 0.62 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 61.80 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Feb 21 to Feb 24.
Following a strong opening, the scrip touched an intraday high of Rs 28.40 and a low of Rs 26.98, before closing the session up by 0.07 per cent to its listing price at Rs 26.98 on the BSE.
The company anticipates using the proceeds of the issue for .
Interactive Financial Services Ltd. as lead managers & Bigshare Services Private Limited. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 60,224.46, up 415.49 points, or 0.69 per cent.
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