Icodex Publishing Solutions Ltd. makes a weak debut on the bourses with scrip got listed at Rs 81.60 on the Bombay Stock Exchange, a 20.00 per cent discount to its issue price of Rs 102.00.
The company, which raised 0.41 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 41.21 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Aug 11 to Aug 13.
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 .
Indcap Advisors Pvt. Ltd. as lead managers & Cameo Corporate Services Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 81,273.75, up 676.09 points, or 0.83 per cent.