Frozen meat exporter HMA Agro Industries IPO subscribed 55% on Day 2
The Initial Public Offer (IPO) of frozen meat exporter HMA Agro Industries was subscribed 55 per cent on day two of its subscription on Wednesday.
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The Initial Public Offer (IPO) of frozen meat exporter HMA Agro Industries was subscribed 55 per cent on day two of its subscription on Wednesday.
Shares of IKIO Lighting surged 9% to INR 441 in Monday's trade on BSE, a day after the stellar debut on NSE, which got listed at INR 393, 37.71% over the issue price of INR 285. Its Rs 607 crore IPO had received a tremendous response from investors, with the issue being subscribed 67 times. The company's consolidated revenue experienced a CAGR of 23% over FY20-22, led by the LED lighting segment, which grew at a CAGR of 24% during the same period.
The company filed its preliminary Initial Public Offer (IPO) papers with the SEBI in March.
Get latest articles and stories on Latest News at LatestLY. Realty firm Shriram Properties is targeting a 25 per cent growth in sales bookings this fiscal from a record Rs 1,846 crore in the previous year on strong housing demand, its CMD M Murali said. Latest News | Shriram Properties Eyes 25 Pc Growth in Housing Sales in FY'24, Beating Record Rs 1,846 Cr Last Fiscal: CMD.
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