India, July 1 -- Riyaasat Lifestyle Ltd. makes a weak debut on the bourses with scrip got listed at Rs 84.80 on the Bombay Stock Exchange, a 20.00 per cent discount to its issue price of Rs 106.00.
The company, which raised 0.28 Cr from initial public offering, was subscribed 1.31 times, receiving bids for 37.32 lakhs shares against the total issue size of 28.49 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Jun 18 to Jun 25.
Following a weak 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 usin...