Carraro India has debuted at Rs 660.00 on the BSE, down by 44 points or 6.25% from its issue price of Rs 704.00.
The scrip is currently trading at Rs 665.90, down by 38.1 points or 5.41% from its issue price.
It has touched a high and low of Rs 682.00 and Rs 633.30 respectively. So far 2.07 lakh shares were traded on the counter.
The offering, which was open for subscription between December 20, 2024 and December 24, 2024 was subscribed 1.12 times. The issue price was fixed at Rs 704.00 per share i.e. at upper end of price band of Rs 668-704 apiece.
Carraro India is engaged in the manufacture of mechanical transmissions, clutches, hydraulic lifts and planetary drives, axles for agricultural tractors and construction equipment including components, parts and spares thereof.
