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News Details

( As on 16/04/2024 12:20)

Teerth Gopicon Ltd. debuts with 12.61% premium at Rs 125.00

Teerth Gopicon Ltd. makes a strong debut on the bourses with scrip got listed at Rs 125.00 on the Bombay Stock Exchange, a 12.61 per cent premium to its issue price of Rs 111.00. On the National Stock Exchange, the stock was listed at Rs 125.00.

The company, which raised 0.40 Cr from initial public offering, was subscribed 67.31 times, receiving bids for 2,692.13 lakhs shares against the total issue size of 40.00 lakhs shares.

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

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 .

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

Meanwhile, the broader benchmark NSE Nifty closed trade at 22,272.50, down 246.90 points, or 1.09 per cent.