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20/03/2023 15:30

Prospect Commodities Ltd. debuts with 0.00% discount at Rs 61.00

Prospect Commodities Ltd. makes a flat debut on the bourses with scrip got listed at Rs 61.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 61.00.

The company, which raised 0.12 Cr from initial public offering, was subscribed 7.88 times, receiving bids for 96.61 lakhs shares against the total issue size of 12.26 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Mar 08 to Mar 10.

Following a flat 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 .

Interactive Financial Services Ltd. as lead managers & Bigshare Services Private Limited. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 57,989.90, up 355.06 points, or 0.61 per cent.