Amir Chand Jagdish Kumar (Exports) Ltd. makes a weak debut on the bourses with scrip got listed at Rs 195.00 on the Bombay Stock Exchange, a 8.01 per cent discount to its issue price of Rs 212.00. On the National Stock Exchange, the stock was listed at Rs 200.00.
The company, which raised 2.08 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 207.55 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Mar 24 to Mar 27.
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 .
Emkay Global Financial Services Ltd.,Keynote Financial Services Limited. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 73,134.32, up 1,186.77 points, or 1.64 per cent.