News Details
Category : IPO
Headline : Diksha Greens Ltd. debuts with 20.66% premium at Rs 36.20
Date: 05/12/2018 20:00
Diksha Greens Ltd. makes a strong debut on the bourses with scrip got listed at Rs 36.20 on the Bombay Stock Exchange, a 20.66 per cent premium to its issue price of Rs 30.00.

The company, which raised 0.44 Cr from initial public offering, was subscribed 1.01 times, receiving bids for 44.84 lakhs shares against the total issue size of 44.40 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Nov 26 to Nov 28.

Following a strong opening, the scrip touched an intraday high of Rs 36.20 and a low of Rs 35.90, before closing the session up by 19.66 per cent to its listing price at Rs 35.90 on the BSE.

The company anticipates using the proceeds of the issue for To meet the working requirement of the company To meet the Issue Expenses.

Finshore Management Services Ltd. as lead managers & CAMEO CORPORATE SERVICES LTD is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 35,884.41, down 249.90 points, or 0.69 per cent.