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( As on 02/06/2023 12:50) Vasa Denticity Ltd. debuts with 64.84% premium at Rs 211.00

Vasa Denticity Ltd. makes a strong debut on the bourses with scrip got listed at Rs 211.00 on the Bombay Stock Exchange, a 64.84 per cent premium to its issue price of Rs 128.00. On the National Stock Exchange, the stock was listed at Rs 211.00.

The company, which raised 0.42 Cr from initial public offering, was subscribed 67.99 times, receiving bids for 2,871.90 lakhs shares against the total issue size of 42.24 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from May 23 to May 25.

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 .

Hem Securities Ltd as lead managers & MAS SERVICES LIMITED is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 18,487.75, down 46.65 points, or 0.25 per cent.