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Category :
IPO
Headline :
Bharti Hexacom Ltd. debuts with 32.49% premium at Rs 755.20
Date:
12/04/2024 10:00
Bharti Hexacom Ltd. makes a strong debut on the bourses with scrip got listed at Rs 755.20 on the Bombay Stock Exchange, a 32.49 per cent premium to its issue price of Rs 570.00. On the National Stock Exchange, the stock was listed at Rs 755.00.
The company, which raised 7.50 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 750.00 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Apr 03 to Apr 05.
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 .
ICICI SECURITIES LTD,Axis Capital Ltd.,BOB Capital Markets Ltd.,IIFL Securities Ltd.,SBI Capital Markets Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 75,038.15, up 354.45 points, or 0.47 per cent.
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