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Category :
IPO
Headline :
Exhicon Events Media Solutions Ltd. debuts with 0.00% discount at Rs 64.00
Date:
17/04/2023 12:00
Exhicon Events Media Solutions Ltd. makes a flat debut on the bourses with scrip got listed at Rs 64.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 64.00.
The company, which raised 0.33 Cr from initial public offering, was subscribed 1.95 times, receiving bids for 64.35 lakhs shares against the total issue size of 33.00 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Mar 31 to Apr 05.
Following a flat 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 ) Working capital gap ) Acquisition of exhibition material) Issue expenses) General Corporate Expenses.
Share India Capital Services Pvt. Ltd. as lead managers & Link Intime India Private Limited is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 60,431.00, up 38.23 points, or 0.06 per cent.
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