SS Retail Ltd. makes a strong debut on the bourses with scrip got listed at Rs 639.10 on the Bombay Stock Exchange, a 50.73 per cent premium to its issue price of Rs 424.00. On the National Stock Exchange, the stock was listed at Rs 624.00.

The company, which raised 1.18 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 117.92 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Sep 16 to Sep 18.

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 .

ANAND RATHI ADVISORS LTD,Emkay Global Financial Services Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 74,529.08, down 329.91 points, or 0.44 per cent.