|
Waaree Energies Ltd. makes a strong debut on the bourses with scrip got listed at Rs 2,550.00 on the Bombay Stock Exchange, a 69.66 per cent premium to its issue price of Rs 1,503.00. On the National Stock Exchange, the stock was listed at Rs 2,500.00.
The company, which raised 2.88 Cr from initial public offering, was subscribed 56.44 times, receiving bids for 16,227.68 lakhs shares against the total issue size of 287.52 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Oct 21 to Oct 23.
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 .
Axis Capital Ltd.,Nomura Financial Advisory & Securities (I) P Ltd.,IIFL Securities Ltd.,SBI Capital Markets Ltd.,Intensive Fiscal Services Private Limited.,Jefferies India Pvt. Ltd.,ITI 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 79,402.29, down 662.87 points, or 0.82 per cent.
|