Onelife Capital Advisors has debuted at Rs 115 on the BSE, up by 5 points or 4.54% from its issue price.
The scrip is currently trading at Rs 132.65, up by 22.65 points or 20.59% from its issue price and has touched a high and low of Rs 134.00 and Rs 115.00 respectively. So far 759024 shares were traded on the counter.
Financial service company Onelife Capital Advisors (OCAL) has fixed issue price at Rs 110, the higher end of price band of Rs 100-110 a share. The issue was subscribed 1.53 times and the company will be using the issue proceed for purchasing corporate office at Mumbai; development of portfolio management services; and brand building activities.
Onelife Capital Advisors is a financial service company offering Investment Banking services and venturing into Portfolio Management and Equity Broking services. It offers services like Initial Public Offerings, Rights Issue, Buyback of Shares, Follow On Public Offering, Qualified Institutional Placements, Open Offers and other Equity Linked Financing.
