Western Overseas Study Abroad Ltd. makes a weak debut on the bourses with scrip got listed at Rs 54.90 on the Bombay Stock Exchange, a 1.96 per cent discount to its issue price of Rs 56.00.
The company, which raised 0.18 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 17.98 lakhs shares.
The company, listed under MT Group Securities post its IPO, opened for subscription from Dec 04 to Dec 08.
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 using the proceeds of the issue for .
Sobhagya Capital Options Pvt. Ltd.,SOBHAGYA CAPITAL OPTIONS LIMITED as lead managers & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 84,391.27, down 275.01 points, or 0.32 per cent.