Happy Forgings shares list at 18% premium over IPO price
Happy Forgings shares fetched a premium of Rs 282 in the unlisted market ahead of listing. The issue received a strong subscription of 82 times at close. The massive subscription of the IPO was driven by institutional investors. The categories reserved for retail investors and NIIs were subscribed 15 times and 62 times, respectively. The QIB portion has been booked 220 times.
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