News Details

( As on 24/03/2023 09:50)

Quality Foils (India) Ltd. debuts with 66.66% premium at Rs 100.00

Quality Foils (India) Ltd. makes a strong debut on the bourses with scrip got listed at Rs 100.00 on the Bombay Stock Exchange, a 66.66 per cent premium to its issue price of Rs 60.00. On the National Stock Exchange, the stock was listed at Rs 100.00.

The company, which raised 0.08 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 7.54 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Mar 14 to Mar 16.

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 NSE.

The company anticipates using the proceeds of the issue for .

Khambatta Securities Ltd as lead managers & Bigshare Services Private Limited. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 17,076.90, down 75.00 points, or 0.43 per cent.