SME IPO Utkal Specialty share price makes muted debut, lists at Rs.66, same as issue price
New Delhi, June 17 -- Utkal Specialty share price made a muted debut in the Indian stock market today, 17 June, as it got listed at Rs.66 apiece on NSE SME, same as its issue price.
The listing met Street expectations, as seen from the grey market premium (GMP). Utkal Specialty IPO GMP stood at Rs.0 per share, which indicated a likely listing price of Rs.66, same as offer price.
The Rs.35 crore initial public offering (IPO) was subscribed 1.60 times in its 3 day's of bidding.
The Retail Individual Investors (RIIs) segment was booked 2.10 times, while the Non Institutional Investors (NII) category was subscribed 0.89 times. The Qualified Institutional Buyers (QIBs) category received 1.12 times subscription.
Utkal Specialty Industries' ...
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