Command Polymers Ltd. debuts with 4.46% discount at Rs 26.75
29/03/2023 12:50
Command Polymers Ltd. makes a weak debut on the bourses with scrip got listed at Rs 26.75 on the Bombay Stock Exchange, a 4.46 per cent discount to its issue price of Rs 28.00.

The company, which raised 0.25 Cr from initial public offering, was subscribed 1.30 times, receiving bids for 32.96 lakhs shares against the total issue size of 25.32 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Mar 17 to Mar 21.

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 .

Aryaman Financial Services Ltd. as lead managers & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 57,613.72, down 40.14 points, or 0.06 per cent.