Hexagon Nutrition IPO: Issue booked 53 times on Day 3; NII portion sees strong demand, GMP signals healthy listing
New Delhi, June 9 -- The initial public offering of Hexagon Nutrition, which was fully subscribed on the first day of bidding, continued to witness strong investor demand through the final day, with the issue getting oversubscribed by more than 50 times.
All investor categories witnessed robust participation, with the NII portion oversubscribed by 161 times and the QIB segment booked 19.77 times. The retail segment also saw strong enthusiasm, with subscriptions reaching 27 times. Overall, the issue received bids for 115 crore shares against 2.16 crore shares on offer, resulting in an overall subscription of 53.24 times.
The initial public offering (IPO) of Hexagon Nutrition was open from June 5 to June 9. The issue size is Rs.139 crore,...
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