Park Medi World Ltd. makes a weak debut on the bourses with scrip got listed at Rs 155.60 on the Bombay Stock Exchange, a 3.95 per cent discount to its issue price of Rs 162.00. On the National Stock Exchange, the stock was listed at Rs 158.80.
The company, which raised 5.68 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 567.90 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Dec 10 to Dec 12.
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 .
CLSA India Private Limited,Nuvama Wealth Management Ltd.,Intensive Fiscal Services Private Limited.,DAM Capital Advisors Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 84,679.86, down 533.50 points, or 0.62 per cent.