Elin Electronics has debuted at Rs 243.00 on the BSE, down by 4 points or 1.62% from its issue price of Rs 247.
The scrip is currently trading at Rs 233.35, down by 13.65 points or 5.53% from its issue price. It has touched a high and low of Rs 244.75 and Rs 232.80 respectively. So far 2.62 lakh shares were traded on the counter.
The offering, which was open for subscription between December 20, 2022 and December 22, 2022 was subscribed 3.09 times. The issue price was fixed at Rs 247 per share i.e. at upper end of price band of Rs 234-247 apiece.
Elin Electronics is a leading electronics manufacturing services (EMS) provider.
