Divgi Torqtransfer Systems Ltd. makes a strong debut on the bourses with scrip got listed at Rs 600.00 on the Bombay Stock Exchange, a 1.69 per cent premium to its issue price of Rs 590.00. On the National Stock Exchange, the stock was listed at Rs 620.00.

The company, which raised 0.67 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 66.85 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Mar 01 to Mar 03.

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 .

Equirus Capital Private Limited,Inga Ventures Pvt. Ltd. as lead managers & Link Intime India Private Limited is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 58,237.85, down 897.28 points, or 1.51 per cent.