Billionbrains Garage Ventures Ltd. makes a strong debut on the bourses with scrip got listed at Rs 114.00 on the Bombay Stock Exchange, a 14.00 per cent premium to its issue price of Rs 100.00. On the National Stock Exchange, the stock was listed at Rs 112.00.

The company, which raised 66.32 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 6,632.30 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Nov 04 to Nov 07.

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 .

JP Morgan India Private Limited.,Kotak Mahindra Capital Company Ltd.,Citigroup Global Markets India Private Limited,Motilal Oswal Investment Advisors Limited,Axis Capital Ltd. as lead managers & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 83,871.32, up 335.97 points, or 0.40 per cent.