Shri Ahimsa Naturals Ltd. makes a strong debut on the bourses with scrip got listed at Rs 140.00 on the Bombay Stock Exchange, a 17.64 per cent premium to its issue price of Rs 119.00. On the National Stock Exchange, the stock was listed at Rs 140.00.

The company, which raised 0.62 Cr from initial public offering, was subscribed 42.24 times, receiving bids for 2,619.87 lakhs shares against the total issue size of 62.03 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Mar 25 to Mar 27.

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 .

Srujan Alpha Capital Advisors LLP as lead managers & Cameo Corporate Services Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 23,165.70, down 353.65 points, or 1.50 per cent.