Astron Multigrain Ltd. makes a weak debut on the bourses with scrip got listed at Rs 50.40 on the Bombay Stock Exchange, a 20.00 per cent discount to its issue price of Rs 63.00.

The company, which raised 0.29 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 29.20 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Dec 01 to Dec 03.

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 .

Finaax Capital Advisors Pvt. Ltd. as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 85,712.37, up 447.05 points, or 0.52 per cent.