AceVector Ltd. makes a weak debut on the bourses with scrip got listed at Rs 28.30 on the Bombay Stock Exchange, a 11.56 per cent discount to its issue price of Rs 32.00. On the National Stock Exchange, the stock was listed at Rs 28.32.
The company, which raised 13.13 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 1,312.50 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Sep 25 to Sep 29.
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 .
CLSA India Private Limited,Systematix Corporate Services Ltd.,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 71,909.70, down 570.59 points, or 0.78 per cent.