News Details
Category : IPO
Headline : Vishwas Agri Seeds Ltd. debuts with 1.16% discount at Rs 85.00
Date: 01/04/2024 10:20
Vishwas Agri Seeds Ltd. makes a weak debut on the bourses with scrip got listed at Rs 85.00 on the Bombay Stock Exchange, a 1.16 per cent discount to its issue price of Rs 86.00. On the National Stock Exchange, the stock was listed at Rs 85.00.

The company, which raised 0.30 Cr from initial public offering, was subscribed 11.68 times, receiving bids for 350.40 lakhs shares against the total issue size of 30.00 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Mar 21 to Mar 26.

Following a weak 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 NSE.

The company anticipates using the proceeds of the issue for .

ISK ADVISORS PRIVATE LIMITED as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 22,326.90, up 203.25 points, or 0.91 per cent.