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Category :
IPO
Headline :
SVJ Enterprises Ltd. debuts with 5.55% premium at Rs 38.00
Date:
09/03/2023 10:00
SVJ Enterprises Ltd. makes a strong debut on the bourses with scrip got listed at Rs 38.00 on the Bombay Stock Exchange, a 5.55 per cent premium to its issue price of Rs 36.00.
The company, which raised 0.17 Cr from initial public offering, was subscribed 0.98 times, receiving bids for 16.67 lakhs shares against the total issue size of 17.01 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Feb 23 to Feb 28.
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 .
FIRST OVERSEAS CAPITAL LIMITED as lead managers & Bigshare Services Private Limited. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 60,348.09, up 123.63 points, or 0.20 per cent.
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