Goel Construction Company Ltd. makes a strong debut on the bourses with scrip got listed at Rs 302.50 on the Bombay Stock Exchange, a 15.45 per cent premium to its issue price of Rs 262.00.
The company, which raised 0.38 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 38.08 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Sep 02 to Sep 04.
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 .
Srujan Alpha Capital Advisors LLP as lead managers & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 80,787.30, up 76.54 points, or 0.09 per cent.