Novus Loyalty Ltd. makes a flat debut on the bourses with scrip got listed at Rs 146.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 146.00.

The company, which raised 0.41 Cr from initial public offering, was subscribed 1.51 times, receiving bids for 62.21 lakhs shares against the total issue size of 41.20 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Mar 17 to Mar 20.

Following a flat 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 .

Smart Horizon Capital Advisors Pvt. Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 74,068.45, up 1,372.06 points, or 1.88 per cent.