Stellar Capital Services SME IPO lists at Rs 20.10/sh

Moneycontrol Bureau

Shares of Stellar Capital Services listed on Friday at Rs 20.10 on the BSE SME Platform. At 11:37am, the stock was trading flat at Rs 20 compared to issue price after hitting an intraday high of Rs 21.10. Delhi-based company raised Rs 9 crore through the issue, which was opened for subscription during October 15 and October 18. The company intended to use issue proceeds for acquisition of offices on rent/lease in Kolkata & Jaipur and augmenting capital base. Also Read: Amrapali Capital SME IPO lists at Rs 100.60 on debut The company is a non deposit taking non-systemically important non banking finance company engaged primarily in the business of advancing loans and investing/trading in securities.