Lloyds Luxuries Ltd. debuts with 12.87% premium at Rs 45.15
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Lloyds Luxuries Ltd. makes a strong debut on the bourses with scrip got listed at Rs 45.15 on the Bombay Stock Exchange, a 12.87 per cent premium to its issue price of Rs 40.00. On the National Stock Exchange, the stock was listed at Rs 45.15. The company, which raised 0.60 Cr from initial public offering, was subscribed 6.39 times, receiving bids for 383.40 lakhs shares against the total issue size of 60.00 lakhs shares. The company, listed under ST Group Securities post its IPO, opened for subscription from Sep 28 to Sep 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 NSE.
The company anticipates using the proceeds of the issue for . Hem Securities Ltd as lead managers & Bigshare Services Private Limited. is the registrar, to the issue. Meanwhile, the broader benchmark NSE Nifty closed trade at 17,241.00, down 73.65 points, or 0.42 per cent
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