Abans Holdings Ltd listed on BSE and NSE on December 23 at the price of Rs 273 per share. After flat listing, the stock hit low of 218.40 and closes at the same by 19.11% lower the issue price.
The company has sold its shares at an issue price of Rs 256-270 per share. The issue was open from December 12 to December 15.
The company aim to use the net proceeds for basic business needs, and to increase the NBFC subsidiary’s (Abans Finance) capital base.
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