Sonu Infratech Ltd. debuts with 0.00% discount at Rs 36.00
Sonu Infratech Ltd. makes a flat debut on the bourses with scrip got listed at Rs 36.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 36.00. On the National Stock Exchange, the stock was listed at Rs 36.00. The company, which raised 0.24 Cr from initial public offering, was subscribed 12.02 times, receiving bids for 288.39 lakhs shares against the total issue size of 24.00 lakhs shares.
The company, listed under ST Group Securities post its IPO, opened for subscription from Apr 29 to May 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 NSE. The company anticipates using the proceeds of the issue for . SWASTIKA INVESTMART LIMITED as lead managers & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue. Meanwhile, the broader benchmark NSE Nifty closed trade at 15,808.00, down 359.10 points, or 2.22 per cent.
