Healthy Life Agritec Ltd. debuts with 11.00% discount at Rs 8.90
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Healthy Life Agritec Ltd. makes a weak debut on the bourses with scrip got listed at Rs 8.90 on the Bombay Stock Exchange, a 11.00 per cent discount to its issue price of Rs 10.00. The company, which raised 1.00 Cr from initial public offering, was subscribed 5.82 times, receiving bids for 582.00 lakhs shares against the total issue size of 100.00 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Jul 13 to Jul 18. Following a weak 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 . Finshore Management Services Ltd. as lead managers & CAMEO CORPORATE SERVICES LTD. is the registrar, to the issue. Meanwhile, the broader benchmark BSE Sensex closed trade at 55,766.22, down 306.01 points, or 0.54 per cent.
