Dhillon Freight Carrier Ltd. makes a weak debut on the bourses with scrip got listed at Rs 57.60 on the Bombay Stock Exchange, a 20.00 per cent discount to its issue price of Rs 72.00.

The company, which raised 0.14 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 14.00 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Sep 29 to Oct 01.

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 BSE.

The company anticipates using the proceeds of the issue for A Purchase of Goods Transportation Vehicles and its fabricationB General Corporate PurposesC To meet the Issue Expenses.

Finshore Management Services Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 81,790.12, up 582.95 points, or 0.71 per cent.