Solarium Green Energy Ltd. makes a strong debut on the bourses with scrip got listed at Rs 202.00 on the Bombay Stock Exchange, a 5.75 per cent premium to its issue price of Rs 191.00.
The company, which raised 0.55 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 55.00 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Feb 06 to Feb 10.
Following a strong opening, the scrip touched an intraday high of Rs 212.10 and a low of Rs 202.00, before closing the session up by 10.94 per cent to its listing price at Rs 211.90 on the BSE.
The company anticipates using the proceeds of the issue for .
Beeline Capital Advisors Pvt. Ltd. as lead managers & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 76,138.97, down 32.11 points, or 0.04 per cent.