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LEAP India Ltd. makes a strong debut on the bourses with scrip got listed at Rs 166.00 on the Bombay Stock Exchange, a 4.40 per cent premium to its issue price of Rs 159.00. On the National Stock Exchange, the stock was listed at Rs 165.90.
The company, which raised 15.60 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 1,559.75 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Aug 07 to Aug 11.
Following a strong opening, the scrip touched an intraday high of Rs 166.80 and a low of Rs 143.10, before closing the session up by 8.74 per cent to its listing price at Rs 145.10 on the BSE.
The company anticipates using the proceeds of the issue for .
JM Financial Ltd.,IIFL Capital Services Limited,Avendus Capital Pvt. Ltd.,UBS Securities India Pvt. Ltd. as lead managers & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 78,009.25, down 70.71 points, or 0.09 per cent.
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