media

Markets

Market Nav

News Details

09/04/2024 10:30

Creative Graphics Solutions India Ltd. debuts with 105.88% premium at Rs 175.00

Creative Graphics Solutions India Ltd. makes a strong debut on the bourses with scrip got listed at Rs 175.00 on the Bombay Stock Exchange, a 105.88 per cent premium to its issue price of Rs 85.00. On the National Stock Exchange, the stock was listed at Rs 175.00.

The company, which raised 0.64 Cr from initial public offering, was subscribed 188.24 times, receiving bids for 12,047.36 lakhs shares against the total issue size of 64.00 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Mar 28 to Apr 04.

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 NSE.

The company anticipates using the proceeds of the issue for .

Corporate Capitalventures Pvt. Ltd. as lead managers & Bigshare Services Private Limited. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 22,666.30, up 152.60 points, or 0.67 per cent.