News Details
Category : IPO
Headline : Laxmi Goldorna House Ltd. debuts with 0.00% discount at Rs 15.00
Date: 17/04/2020 20:40
Laxmi Goldorna House Ltd. makes a flat debut on the bourses with scrip got listed at Rs 15.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 15.00. On the National Stock Exchange, the stock was listed at Rs 15.00.

The company, which raised 0.55 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 55.20 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Mar 20 to Mar 26.

Following a flat opening, the scrip touched an intraday high of Rs 15.10 and a low of Rs 14.65, before closing the session down by 0.00 per cent to its listing price at Rs 15.00 on the NSE.

The company anticipates using the proceeds of the issue for To Meet Working Capital Requirement General Corporate Purpose To Meet the Issue Expenses.

BEELINE BROKING LIMITED as lead managers & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 9,266.75, up 273.95 points, or 3.04 per cent.