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Category :
IPO
Headline :
K2 Infragen Ltd. debuts with 40.33% premium at Rs 167.00
Date:
08/04/2024 10:30
K2 Infragen Ltd. makes a strong debut on the bourses with scrip got listed at Rs 167.00 on the Bombay Stock Exchange, a 40.33 per cent premium to its issue price of Rs 119.00. On the National Stock Exchange, the stock was listed at Rs 167.00.
The company, which raised 0.34 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 34.07 lakhs shares.
The company, listed under ST Group Securities post its IPO, opened for subscription from Mar 28 to Apr 03.
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 .
Expert Global Consultants Pvt. Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark NSE Nifty closed trade at 22,513.70, down 0.95 points, or 0.00 per cent.
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