Tata Capital Ltd. makes a strong debut on the bourses with scrip got listed at Rs 330.00 on the Bombay Stock Exchange, a 1.22 per cent premium to its issue price of Rs 326.00. On the National Stock Exchange, the stock was listed at Rs 330.00.
The company, which raised 47.58 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 4,758.24 lakhs shares.
The company, listed under A Group Securities post its IPO, opened for subscription from Oct 06 to Oct 08.
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 .
SBI Capital Markets Limited,HSBC SECURITIES AND CAPITAL MARKETS (I) PVT LTD,ICICI SECURITIES LTD,Citigroup Global Markets India Pvt.Ltd.,Axis Capital Ltd.,JP Morgan India Private Limited.,Kotak Mahindra Capital Company Ltd.,BNP Paribas,HDFC Bank Limited,IIFL Capital Services Limited as lead managers & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 82,500.82, up 328.72 points, or 0.40 per cent.