Hexagon Nutrition IPO: Issue received healthy response on Day 01, booked 1.65 times; GMP signals solid listing
New Delhi, June 5 -- Hexagon Nutrition IPO in focus: The initial public offering of Hexagon Nutrition witnessed healthy demand from both retail and non-institutional investors on the first day of bidding on June 5.
The IPO, which will remain open for subscription until Tuesday, June 9, received bids for 3.56 crore shares against the total offer size of 2.16 crore shares, translating into an overall subscription of 1.65 times by the end of Day 1, according to exchange data.
Among investor categories, the non-institutional investors (NII) segment saw strong interest, getting subscribed 2.03 times, while the retail investor portion was booked 2.43 times. The QIB portion has not yet opened for bidding, as per the exchange data.
Ahead of th...
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