INDO SMC Ltd. makes a flat debut on the bourses with scrip got listed at Rs 149.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 149.00.
The company, which raised 0.62 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 61.71 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Jan 13 to Jan 15.
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 .
GYR CAPITAL ADVISORS PRIVATE LIMITED as lead managers & KFin Technologies Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 82,180.47, down 1,065.71 points, or 1.28 per cent.