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Identical Brains Studios Ltd. debuts with 75.92% premium at Rs 95.00

Share Source By

Dion Global

26 Dec 2024

Identical Brains Studios Ltd. makes a strong debut on the bourses with scrip got listed at Rs 95.00 on the Bombay Stock Exchange, a 75.92 per cent premium to its issue price of Rs 54.00. On the National Stock Exchange, the stock was listed at Rs 95.00.

The company, which raised 0.37 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 36.94 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Dec 18 to Dec 20.

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 NSE.

The company anticipates using the proceeds of the issue for .

Socradamus Capital Pvt. Ltd. as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 23,727.65, down 25.80 points, or 0.10 per cent.