Indiqube Spaces Ltd. makes a weak debut on the bourses with scrip got listed at Rs 218.70 on the Bombay Stock Exchange, a 7.72 per cent discount to its issue price of Rs 237.00. On the National Stock Exchange, the stock was listed at Rs 216.00.
The company, which raised 2.95 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 295.36 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Jul 23 to Jul 25.
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 .
ICICI SECURITIES LTD,JM Financial Ltd. as lead managers & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 81,337.95, up 446.93 points, or 0.55 per cent.