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News Details

( As on 31/01/2025 10:10)

GB Logistics Commerce Ltd. debuts with 20.00% discount at Rs 81.60

GB Logistics Commerce Ltd. makes a weak debut on the bourses with scrip got listed at Rs 81.60 on the Bombay Stock Exchange, a 20.00 per cent discount to its issue price of Rs 102.00.

The company, which raised 0.25 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 24.58 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Jan 24 to Jan 28.

Following a weak 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 .

SKI Capital Services Limited as lead managers & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 76,759.81, up 226.85 points, or 0.29 per cent.