India, July 1 -- AJC Jewel Manufacturers Ltd. makes a strong debut on the bourses with scrip got listed at Rs 99.00 on the Bombay Stock Exchange, a 4.21 per cent premium to its issue price of Rs 95.00.

The company, which raised 0.16 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 16.20 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Jun 23 to Jun 26.

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...