Aaradhya Disposal Industries Ltd. makes a weak debut on the bourses with scrip got listed at Rs 111.00 on the Bombay Stock Exchange, a 4.31 per cent discount to its issue price of Rs 116.00. On the National Stock Exchange, the stock was listed at Rs 111.00.

The company, which raised 0.39 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 38.87 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Aug 04 to Aug 06.

Following a weak opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the NSE.

The company anticipates using the proceeds of the issue for .

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

Meanwhile, the broader benchmark NSE Nifty closed trade at 24,363.30, down 232.85 points, or 0.94 per cent.