Uniparts India Ltd. debuts with 0.34% discount at Rs 575.00
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Uniparts India Ltd. makes a weak debut on the bourses with scrip got listed at Rs 575.00 on the Bombay Stock Exchange, a 0.34 per cent discount to its issue price of Rs 577.00. On the National Stock Exchange, the stock was listed at Rs 575.00. The company, which raised 1.45 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 144.82 lakhs shares. The company, listed under B Group Securities post its IPO, opened for subscription from Nov 30 to Dec 02. 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 . JM Financial Ltd.,DAM Capital Advisors Limited,Axis Capital Ltd. as lead managers & Link Intime India Pvt. Ltd. is the registrar, to the issue. Meanwhile, the broader benchmark BSE Sensex closed trade at 62,181.67, down 389.01 points, or 0.62 per cent.
