Kasturi Metal Composite Ltd. makes a flat debut on the bourses with scrip got listed at Rs 64.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 64.00.

The company, which raised 0.28 Cr from initial public offering, was subscribed 16.74 times, receiving bids for 460.68 lakhs shares against the total issue size of 27.52 lakhs shares.

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

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 .

Hem Securities Ltd as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 81,666.46, up 943.52 points, or 1.16 per cent.