Central Mine Planning & Design Institute Ltd. makes a weak debut on the bourses with scrip got listed at Rs 162.80 on the Bombay Stock Exchange, a 5.34 per cent discount to its issue price of Rs 172.00. On the National Stock Exchange, the stock was listed at Rs 160.00.
The company, which raised 10.71 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 1,071.00 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Mar 20 to Mar 24.
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 .
IDBI Capital Markets & Securities Limited,SBI Capital Markets Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 73,583.22, down 1,690.23 points, or 2.24 per cent.