Vertexplus Technologies Ltd. makes a strong debut on the bourses with scrip got listed at Rs 101.00 on the Bombay Stock Exchange, a 5.20 per cent premium to its issue price of Rs 96.00. On the National Stock Exchange, the stock was listed at Rs 101.00.

The company, which raised 0.15 Cr from initial public offering, was subscribed 10.75 times, receiving bids for 159.06 lakhs shares against the total issue size of 14.80 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Mar 02 to Mar 06.

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 NSE.

The company anticipates using the proceeds of the issue for .

Beeline Capital Advisors Pvt. Ltd. as lead managers & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 17,043.30, down 111.00 points, or 0.64 per cent.