Master Components Ltd. makes a strong debut on the bourses with scrip got listed at Rs 140.40 on the Bombay Stock Exchange, a 0.28 per cent premium to its issue price of Rs 140.00. On the National Stock Exchange, the stock was listed at Rs 140.40.

The company, which raised 0.11 Cr from initial public offering, was subscribed 7.50 times, receiving bids for 82.65 lakhs shares against the total issue size of 11.02 lakhs shares.

The company, listed under ST 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 NSE.

The company anticipates using the proceeds of the issue for .

Aryaman Financial Services Ltd. as lead managers & Bigshare Services Private Limited. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 19,523.55, down 192.90 points, or 0.97 per cent.