Laxmi Dental Ltd. makes a strong debut on the bourses with scrip got listed at Rs 528.00 on the Bombay Stock Exchange, a 23.36 per cent premium to its issue price of Rs 428.00. On the National Stock Exchange, the stock was listed at Rs 542.00.
The company, which raised 1.63 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 163.10 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Jan 13 to Jan 15.
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 .
as lead managers & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 76,619.33, down 423.49 points, or 0.54 per cent.