Peshwa Wheat Ltd. makes a weak debut on the bourses with scrip got listed at Rs 100.05 on the Bombay Stock Exchange, a 0.94 per cent discount to its issue price of Rs 101.00.

The company, which raised 0.53 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 52.99 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Sep 24 to Sep 28.

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 Funding Capital Expenditure towards Purchase of Plant and Machineries Funding Capital Expenditure towards Civil Construction Funding Working Capital Requirements General Corporate Purposes.

Finaax Capital Advisors Pvt. Ltd. as lead managers & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 72,480.29, down 48.78 points, or 0.06 per cent.