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News Details

28/09/2023 12:10

Cellecor Gadgets Ltd. debuts with 0.00% discount at Rs 92.00

Cellecor Gadgets Ltd. makes a flat debut on the bourses with scrip got listed at Rs 92.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 92.00. On the National Stock Exchange, the stock was listed at Rs 92.00.

The company, which raised 0.55 Cr from initial public offering, was subscribed 77.43 times, receiving bids for 4,273.21 lakhs shares against the total issue size of 55.19 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Sep 15 to Sep 20.

Following a flat 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 .

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

Meanwhile, the broader benchmark NSE Nifty closed trade at 19,716.45, up 51.75 points, or 0.26 per cent.