Kaynes Technology India Ltd. makes a strong debut on the bourses with scrip got listed at Rs 775.00 on the Bombay Stock Exchange, a 32.02 per cent premium to its issue price of Rs 587.00. On the National Stock Exchange, the stock was listed at Rs 778.00.

The company, which raised 1.46 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 146.14 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Nov 10 to Nov 14.

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 .

IIFL Securities Limited,DAM Capital Advisors Limited as lead managers & Link Intime India Private Limited is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 61,144.84, down 518.64 points, or 0.84 per cent.