CMR Green Technologies Ltd. makes a strong debut on the bourses with scrip got listed at Rs 275.40 on the Bombay Stock Exchange, a 43.43 per cent premium to its issue price of Rs 192.00. On the National Stock Exchange, the stock was listed at Rs 268.00.
The company, which raised 3.29 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 328.58 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Jun 03 to Jun 05.
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 BSE.
The company anticipates using the proceeds of the issue for .
ICICI SECURITIES LTD,Motilal Oswal Investment Advisors Limited,Equirus Capital Pvt. Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 73,918.76, up 394.50 points, or 0.53 per cent.