Jaro Institute of Technology Management and Research Ltd. makes a flat debut on the bourses with scrip got listed at Rs 890.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 890.00. On the National Stock Exchange, the stock was listed at Rs 890.00.
The company, which raised 0.51 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 50.56 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Sep 23 to Sep 25.
Following a flat 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 .
Motilal Oswal Investment Advisors Pvt. Ltd.,Systematix Corporate Services Ltd.,Nuvama Wealth Management Ltd. as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 80,364.94, down 61.52 points, or 0.07 per cent.