Gaudium IVF And Women Health Ltd. makes a strong debut on the bourses with scrip got listed at Rs 83.00 on the Bombay Stock Exchange, a 5.06 per cent premium to its issue price of Rs 79.00. On the National Stock Exchange, the stock was listed at Rs 83.00.

The company, which raised 2.09 Cr from initial public offering, was subscribed 5.40 times, receiving bids for 1,127.85 lakhs shares against the total issue size of 208.86 lakhs shares.

The company, listed under T Group Securities post its IPO, opened for subscription from Feb 20 to Feb 24.

Following a strong opening, the scrip touched an intraday high of Rs 87.15 and a low of Rs 79.05, before closing the session up by 1.87 per cent to its listing price at Rs 80.48 on the BSE.

The company anticipates using the proceeds of the issue for .

Sarthi 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 81,287.19, down 961.42 points, or 1.16 per cent.