In the pre-opening session, the equilibrium price of MT Educare's shares has been decided at Rs 86.05, higher by 7.56% to issue price of Rs 80 a share.
The company raised Rs 99-crore via public issue, which opened for subscription during March 27-29.
MT Educare provides an education support and coaching services. The issue comprised of fresh issue of equity share of face value of Rs 10 (at a premium) aggregating to Rs 35 crore and an offer for sale of 80 lakh equity shares by Helix Investments Company.
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