Anlon Technology Solutions Ltd. makes a strong debut on the bourses with scrip got listed at Rs 251.10 on the Bombay Stock Exchange, a 151.10 per cent premium to its issue price of Rs 100.00. On the National Stock Exchange, the stock was listed at Rs 251.10.
The company, which raised 0.15 Cr from initial public offering, was subscribed 285.42 times, receiving bids for 4,281.30 lakhs shares against the total issue size of 15.00 lakhs shares.
The company, listed under ST Group Securities post its IPO, opened for subscription from Dec 29 to Jan 02.
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 .
GYR CAPITAL ADVISORS PRIVATE LIMITED as lead managers & Link Intime India Private Limited is the registrar, to the issue.
Meanwhile, the broader benchmark NSE Nifty closed trade at 18,101.20, up 241.75 points, or 1.35 per cent.