Eleganz Interiors Ltd. makes a weak debut on the bourses with scrip got listed at Rs 122.00 on the Bombay Stock Exchange, a 6.15 per cent discount to its issue price of Rs 130.00. On the National Stock Exchange, the stock was listed at Rs 122.00.
The company, which raised 0.60 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 60.05 lakhs shares.
The company, listed under ST Group Securities post its IPO, opened for subscription from Feb 07 to Feb 11.
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 NSE.
The company anticipates using the proceeds of the issue for .
Vivro Financial Services Private Ltd. as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark NSE Nifty closed trade at 23,031.40, down 13.85 points, or 0.06 per cent.