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News Details

( As on 01/07/2025 10:00)

Abram Food Ltd. debuts with 7.75% discount at Rs 90.40

Abram Food Ltd. makes a weak debut on the bourses with scrip got listed at Rs 90.40 on the Bombay Stock Exchange, a 7.75 per cent discount to its issue price of Rs 98.00.

The company, which raised 0.14 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 14.28 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Jun 24 to Jun 26.

Following a weak 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 .

Corporate Makers Capital Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 83,606.46, down 452.44 points, or 0.53 per cent.