M R Maniveni Foods Ltd. makes a weak debut on the bourses with scrip got listed at Rs 42.55 on the Bombay Stock Exchange, a 18.17 per cent discount to its issue price of Rs 52.00.

The company, which raised 0.52 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 52.00 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from May 22 to May 26.

Following a weak 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 .

CapitalSquare Advisors Pvt. Ltd. as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 74,775.74, down 1,092.06 points, or 1.43 per cent.