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News Details

( As on 15/07/2025 09:50)

GLEN Industries Ltd. debuts with 61.85% premium at Rs 157.00

GLEN Industries Ltd. makes a strong debut on the bourses with scrip got listed at Rs 157.00 on the Bombay Stock Exchange, a 61.85 per cent premium to its issue price of Rs 97.00.

The company, which raised 0.65 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 64.97 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Jul 08 to Jul 10.

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 Jougram, Mouza – Jaugram, JL no , West Bengal General Corporate Purpose.

GYR CAPITAL ADVISORS PRIVATE LIMITED as lead managers & KFin Technologies Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 82,253.46, down 247.01 points, or 0.29 per cent.