Oneindig Technologies Ltd. makes a strong debut on the bourses with scrip got listed at Rs 120.00 on the Bombay Stock Exchange, a 25.00 per cent premium to its issue price of Rs 96.00.
The company, which raised 0.29 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 28.80 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Jul 30 to Aug 03.
Following a strong opening, the scrip touched an intraday high of Rs 126.00 and a low of Rs 120.00, before closing the session up by 31.25 per cent to its listing price at Rs 126.00 on the BSE.
The company anticipates using the proceeds of the issue for .
Share India Capital Services Pvt. Ltd. as lead managers & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 78,954.76, up 373.76 points, or 0.47 per cent.