Panchatv Bharat Ltd. makes a weak debut on the bourses with scrip got listed at Rs 128.95 on the Bombay Stock Exchange, a 7.89 per cent discount to its issue price of Rs 140.00.

The company, which raised 0.18 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 17.56 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Sep 10 to Sep 15.

Following a weak opening, the scrip touched an intraday high of Rs 128.95 and a low of Rs 122.55, before closing the session up by 12.46 per cent to its listing price at Rs 122.55 on the BSE.

The company anticipates using the proceeds of the issue for .

Mark Corporate Advisors Pvt. Ltd. as lead managers & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 74,294.96, down 19.63 points, or 0.02 per cent.