Sai Silks (Kalamandir) Ltd. makes a strong debut on the bourses with scrip got listed at Rs 230.10 on the Bombay Stock Exchange, a 3.64 per cent premium to its issue price of Rs 222.00. On the National Stock Exchange, the stock was listed at Rs 0.00.

The company, which raised 5.47 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 547.16 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Sep 20 to Sep 22.

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 .

HDFC Bank Limited,Motilal Oswal Investment Advisors Pvt. Ltd.,Nuvama Wealth Management Ltd. as lead managers & Bigshare Services Private Limited. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 65,945.47, down 78.22 points, or 0.11 per cent.