India, March 18 -- PDP Shipping & Projects Ltd. makes a weak debut on the bourses with scrip got listed at Rs 108.25 on the Bombay Stock Exchange, a 19.81 per cent discount to its issue price of Rs 135.00.
The company, which raised 0.09 Cr from initial public offering, was subscribed 1.03 times, receiving bids for 9.65 lakhs shares against the total issue size of 9.37 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Mar 10 to Mar 12.
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 anticipate...