Sampat Aluminium Ltd. makes a flat debut on the bourses with scrip got listed at Rs 120.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 120.00.
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 25.44 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Sep 17 to Sep 19.
Following a flat opening, the scrip touched an intraday high of Rs 120.00 and a low of Rs 114.00, before closing the session up by 4.04 per cent to its listing price at Rs 115.15 on the BSE.
The company anticipates using the proceeds of the issue for .
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd as lead managers & Cameo Corporate Services Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 81,715.63, down 386.47 points, or 0.47 per cent.