Indogulf Cropsciences Ltd. makes a flat debut on the bourses with scrip got listed at Rs 111.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 111.00. On the National Stock Exchange, the stock was listed at Rs 111.00.
The company, which raised 1.80 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 180.18 lakhs shares.
The company, listed under T Group Securities post its IPO, opened for subscription from Jun 26 to Jun 30.
Following a flat opening, the scrip touched an intraday high of Rs 112.60 and a low of Rs 105.45, before closing the session up by 0.18 per cent to its listing price at Rs 110.80 on the BSE.
The company anticipates using the proceeds of the issue for .
Systematix Corporate Services Ltd. as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 83,239.47, down 170.22 points, or 0.20 per cent.