India, Oct. 9 -- Omara Ventures India Ltd. makes a strong debut on the bourses with scrip got listed at Rs 319.00 on the Bombay Stock Exchange, a 2.57 per cent premium to its issue price of Rs 311.00.
The company, which raised 0.14 Cr from initial public offering, was subscribed 1.05 times, receiving bids for 14.18 lakhs shares against the total issue size of 13.50 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Sep 30 to Oct 05.
Following a strong opening, the scrip touched an intraday high of Rs 334.00 and a low of Rs 318.00, before closing the session up by 2.58 per cent to its listing price at Rs 319.05 on the BSE.
The company anticipates using the proceeds of the issue for .
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