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News Details

12/09/2024 10:10

My Mudra Fincorp Ltd. debuts with 18.18% premium at Rs 130.00

My Mudra Fincorp Ltd. makes a strong debut on the bourses with scrip got listed at Rs 130.00 on the Bombay Stock Exchange, a 18.18 per cent premium to its issue price of Rs 110.00. On the National Stock Exchange, the stock was listed at Rs 130.00.

The company, which raised 0.30 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 30.24 lakhs shares.

The company, listed under ST 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 NSE.

The company anticipates using the proceeds of the issue for .

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

Meanwhile, the broader benchmark NSE Nifty closed trade at 24,918.45, down 122.65 points, or 0.48 per cent.