New Delhi, April 7 -- Retaggio Industries shares are scheduled to list on the BSE SME platform on Monday, with current grey market indications showing a muted premium at Rs 0 in the unlisted market.
This neutral stance aligns with the trend seen among most SME IPOs launched this year, which have typically shown nil to single-digit grey market premiums ahead of their market debuts.
The company's initial public offering received moderate interest with an overall subscription of nearly 2 times, primarily driven by retail investor participation.
Priced at Rs 25 per share, the offering successfully raised Rs 15 crore, with proceeds earmarked for debt repayment and fulfilling working capital requirements.
Retaggio Industries has established...
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