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Acropetal Technologies debuts at premium

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- A stockbroker uses his terminal to trade at a brokerage firm in Mumbai September 30, 2008. REUTERS/Punit Paranjpe/Files

A stockbroker uses his terminal to trade at a brokerage firm in Mumbai September 30, 2008. REUTERS/Punit Paranjpe/Files

Shares in Acropetal Technologies, an outsourcing services company, listed on the BSE at a premium of over 44 percent over its issue price of 90 rupees per share.

The company intends to use issue proceeds for research and development and expansion purposes.

Acropetal Technologies closed 9.4 pct higher at 98.45 rupees with volumes of 45.3 million shares on BSE.

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