Techknowgreen Solutions Ltd. makes a strong debut on the bourses with scrip got listed at Rs 87.00 on the Bombay Stock Exchange, a 1.16 per cent premium to its issue price of Rs 86.00.

The company, which raised 0.19 Cr from initial public offering, was subscribed 12.07 times, receiving bids for 234.64 lakhs shares against the total issue size of 19.44 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Sep 18 to Sep 21.

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 .

Indorient Financial Services 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.