News Details
Category : IPO
Headline : Gconnect Logitech and Supply Chain Ltd. debuts with 5.00% premium at Rs 42.00
Date: 03/04/2024 09:50
Gconnect Logitech and Supply Chain Ltd. makes a strong debut on the bourses with scrip got listed at Rs 42.00 on the Bombay Stock Exchange, a 5.00 per cent premium to its issue price of Rs 40.00.

The company, which raised 0.14 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 14.01 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Mar 26 to Mar 28.

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 .

Fedex Securities Private Limited as lead managers & KFin Technologies Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 73,903.91, down 110.64 points, or 0.14 per cent.