News Details
Category : IPO
Headline : Nexus Select Trust REIT debuts with 2.27% premium at Rs 102.27
Date: 19/05/2023 11:31
Nexus Select Trust REIT makes a strong debut on the bourses with scrip got listed at Rs 102.27 on the Bombay Stock Exchange, a 2.27 per cent premium to its issue price of Rs 100.00. On the National Stock Exchange, the stock was listed at Rs 103.00.

The company, which raised 32.93 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 3,292.63 lakhs shares.

The company, listed under IF Group Securities post its IPO, opened for subscription from May 09 to May 11.

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 .

HSBC SECURITIES AND CAPITAL MARKETS (I) PVT LTD,Citigroup Global Markets India Pvt.Ltd.,JP Morgan India Private Limited.,Axis Capital Ltd,Morgan Stanley India Company Private Limited,JM Financial Ltd.,SBI Capital Markets Limited,IIFL Securities Limited,BofA Securities India Limited,KOTAK MAHINDRA CAPITAL COMPANY LTD as lead managers & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 61,431.74, down 128.90 points, or 0.20 per cent.