News Details
Category : IPO
Headline : Pune E-Stock Broking Ltd. debuts with 56.62% premium at Rs 130.00
Date: 15/03/2024 13:10
Pune E-Stock Broking Ltd. makes a strong debut on the bourses with scrip got listed at Rs 130.00 on the Bombay Stock Exchange, a 56.62 per cent premium to its issue price of Rs 83.00.

The company, which raised 0.46 Cr from initial public offering, was subscribed 327.96 times, receiving bids for 15,107.15 lakhs shares against the total issue size of 46.06 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Mar 07 to Mar 12.

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 .

Share India Capital 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 73,097.28, up 335.39 points, or 0.46 per cent.