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News Details

Latent View Analytics Ltd. debuts with 169.03% premium at Rs 530.00

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23/11/2021 09:50
Latent View Analytics Ltd. makes a strong debut on the bourses with scrip got listed at Rs 530.00 on the Bombay Stock Exchange, a 169.03 per cent premium to its issue price of Rs 197.00. On the National Stock Exchange, the stock was listed at Rs 0.00.

The company, which raised 3.05 Cr from initial public offering, was subscribed 185.92 times, receiving bids for 56,623.98 lakhs shares against the total issue size of 304.57 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Nov 10 to Nov 12.

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 BSE.

The company anticipates using the proceeds of the issue for .

Axis Capital Ltd,Haitong Securities India Pvt. Ltd.,ICICI Securities Limited as lead managers & LINK INTIME INDIA PRIVATE LIMITED is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 58,465.89, down 1,170.12 points, or 1.96 per cent.