The IPO received a healthy response from investors with a subscription of 66 times at close. While the retail investors category was booked 63 times, other investors part was subscribed nearly 67 times.
Kaushalya Logistics, which will close its public issue on January 3, was among the 182 companies that launched their maiden IPOs during the year 2023 and cumulatively raised Rs 4,967 crore.
The SME segment will see Balaji Valve Components, Sameer Agro and Infra, AIK Pipes, Akanksha Power, HRH Next Services, Manoj Ceramic and Kay Cee Energy debut on the SME platforms of both the exchanges.
Grey market premium of HRH Next Services Ltd currently stands in the range of Rs 0-Rs 8, expecting up to 22.23 per cent listing gain from the public issue, HRH Next Services IPO Closes Today: Check Subscription Status, GMP Today