Blue Water Logistics Ltd. makes a strong debut on the bourses with scrip got listed at Rs 141.00 on the Bombay Stock Exchange, a 4.44 per cent premium to its issue price of Rs 135.00. On the National Stock Exchange, the stock was listed at Rs 141.00.

The company, which raised 0.30 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 30.00 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from May 27 to May 29.

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 .

Smart Horizon Capital Advisors Pvt. Ltd. as lead managers & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 24,716.60, down 34.10 points, or 0.13 per cent.