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Category :
IPO
Headline :
Innokaiz India Ltd. debuts with 90.00% premium at Rs 148.20
Date:
11/05/2023 10:20
Innokaiz India Ltd. makes a strong debut on the bourses with scrip got listed at Rs 148.20 on the Bombay Stock Exchange, a 90.00 per cent premium to its issue price of Rs 78.00.
The company, which raised 0.27 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 27.14 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Apr 28 to May 03.
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 .
Gretex Corporate Services Pvt. Ltd. as lead managers & Bigshare Services Private Limited. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 61,940.20, up 178.87 points, or 0.28 per cent.
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