Tracxn Technologies Ltd. debuts with 3.75% premium at Rs 83.00
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Tracxn Technologies Ltd. makes a strong debut on the bourses with scrip got listed at Rs 83.00 on the Bombay Stock Exchange, a 3.75 per cent premium to its issue price of Rs 80.00. On the National Stock Exchange, the stock was listed at Rs 84.50. The company, which raised 3.87 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 386.72 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Oct 10 to Oct 12. 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 . IIFL Securities Limited as lead managers & Link Intime India Private Limited is the registrar, to the issue. Meanwhile, the broader benchmark BSE Sensex closed trade at 59,107.19, up 146.59 points, or 0.24 per cent.
