Dharmaj Crop Guard Ltd. debuts with 12.23% premium at Rs 266.00
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Dharmaj Crop Guard Ltd. makes a strong debut on the bourses with scrip got listed at Rs 266.00 on the Bombay Stock Exchange, a 12.23 per cent premium to its issue price of Rs 237.00. On the National Stock Exchange, the stock was listed at Rs 266.05. The company, which raised 1.06 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 105.97 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Nov 28 to Nov 30. 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 . Elara Capital (India) Pvt. Ltd.,Monarch Networth Capital Ltd. as lead managers & Link Intime India Private Limited is the registrar, to the issue. Meanwhile, the broader benchmark BSE Sensex closed trade at 62,410.68, down 215.68 points, or 0.34 per cent.
