News Details
Category : IPO
Headline : Naman In-Store (India) Ltd. debuts with 40.44% premium at Rs 125.00
Date: 02/04/2024 10:40
Naman In-Store (India) Ltd. makes a strong debut on the bourses with scrip got listed at Rs 125.00 on the Bombay Stock Exchange, a 40.44 per cent premium to its issue price of Rs 89.00. On the National Stock Exchange, the stock was listed at Rs 125.00.

The company, which raised 0.28 Cr from initial public offering, was subscribed 330.64 times, receiving bids for 9,416.63 lakhs shares against the total issue size of 28.48 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Mar 22 to Mar 27.

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 NSE.

The company anticipates using the proceeds of the issue for .

GYR CAPITAL ADVISORS PRIVATE LIMITED as lead managers & Bigshare Services Private Limited. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 22,462.00, up 135.10 points, or 0.60 per cent.