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Published on 18/07/2022 11:32:36 AM | Source: Dion Global Solutions Ltd

Veerkrupa Jewellers Ltd. debuts with 0.00% discount at Rs 27.00

Posted in IPO Analysis| #IPO #Veerkrupa Jewellers Limited

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Veerkrupa Jewellers Ltd. makes a flat debut on the bourses with scrip got listed at Rs 27.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 27.00. The company, which raised 0.30 Cr from initial public offering, was subscribed 1.03 times, receiving bids for 30.90 lakhs shares against the total issue size of 30.00 lakhs shares. The company, listed under MT Group Securities post its IPO, opened for subscription from Jun 29 to Jul 05.

Following a flat 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 . FIRST OVERSEAS CAPITAL LIMITED as lead managers & KFIN Technologies Pvt. Ltd. is the registrar, to the issue. Meanwhile, the broader benchmark BSE Sensex closed trade at 53,760.78, up 344.63 points, or 0.64 per cent.