Shree Tirupati Balajee Agro Trading Company Ltd. makes a strong debut on the bourses with scrip got listed at Rs 92.90 on the Bombay Stock Exchange, a 11.92 per cent premium to its issue price of Rs 83.00. On the National Stock Exchange, the stock was listed at Rs 90.00.
The company, which raised 2.04 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 204.40 lakhs shares.
The company, listed under T Group Securities post its IPO, opened for subscription from Sep 05 to Sep 09.
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 .
PNB Investment Services Ltd,Unistone Capital Pvt. Ltd. as lead managers & Link Intime India Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 81,523.16, down 398.13 points, or 0.48 per cent.