Millworks Technologies Ltd. makes a strong debut on the bourses with scrip got listed at Rs 628.90 on the Bombay Stock Exchange, a 90.00 per cent premium to its issue price of Rs 331.00.

The company, which raised 0.48 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 48.44 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Jul 14 to Jul 16.

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 .

GYR Capital Advisors Pvt. Ltd. as lead managers & Purva Sharegistry (India) Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 77,708.52, down 442.93 points, or 0.56 per cent.