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Rajgor Castor Derivatives debuts on the exchanges today

Oct 31, 2023

By: BlinkX Research Team

Shares of Rajgor Castor Derivatives Limited debuted on NSE SME today in a mediocre way. 

Rajgor Castor Derivatives Limited's share price was ₹59 on NSE SME today, which is 18% more than the ₹50 issue price.

Rajgor Castor Derivatives Limited shares were caught in a 5% downward circuit after a strong debut.

The price band for the Rajgor Castor Derivatives IPO was set between ₹47 and ₹50. A minimum of 3000 shares, as well as multiples of those, were up for purchase. The initial public offering (IPO) for Rajgor Castor Derivatives Ltd. began on Tuesday, October 17, and ended on Friday, October 20.

The offer proceeds from the new issue will be used for the following purposes: to cover public offering costs, general company purposes, and working capital requirements.