Readymix Construction Machinery Ltd. makes a flat debut on the bourses with scrip got listed at Rs 123.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 123.00. On the National Stock Exchange, the stock was listed at Rs 123.00.

The company, which raised 0.31 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 30.62 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Feb 06 to Feb 10.

Following a flat opening, the scrip touched an intraday high of Rs 123.00 and a low of Rs 116.85, before closing the session up by 5.00 per cent to its listing price at Rs 116.85 on the NSE.

The company anticipates using the proceeds of the issue for .

Hem Securities Ltd as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 23,031.40, down 13.85 points, or 0.06 per cent.