Emmvee Photovoltaic Power Ltd. makes a flat debut on the bourses with scrip got listed at Rs 217.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 217.00. On the National Stock Exchange, the stock was listed at Rs 217.00.
The company, which raised 13.36 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 1,336.41 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Nov 11 to Nov 13.
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 BSE.
The company anticipates using the proceeds of the issue for .
Kotak Mahindra Capital Company Ltd.,JM Financial Ltd.,IIFL Capital Services Limited,Jefferies India Pvt. Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 84,950.95, up 388.17 points, or 0.45 per cent.