Annapurna Swadisht Ltd. debuts with 71.42% premium at Rs 120.00

01-01-1970 12:00 AM | Source: Dion Global Solutions Ltd

Annapurna Swadisht Ltd. debuts with 71.42% premium at Rs 120.00

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Annapurna Swadisht Ltd. makes a strong debut on the bourses with scrip got listed at Rs 120.00 on the Bombay Stock Exchange, a 71.42 per cent premium to its issue price of Rs 70.00. On the National Stock Exchange, the stock was listed at Rs 120.00. The company, which raised 0.43 Cr from initial public offering, was subscribed 127.04 times, receiving bids for 5,492.96 lakhs shares against the total issue size of 43.24 lakhs shares. The company, listed under ST Group Securities post its IPO, opened for subscription from Sep 15 to Sep 19. 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 . Corporate Capitalventures Pvt. Ltd. as lead managers & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue. Meanwhile, the broader benchmark NSE Nifty closed trade at 17,016.30, down 311.05 points, or 1.79 per cent.

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Annapurna Swadisht Ltd. debuts with 71.42% premium at Rs 120.00

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