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HRS Aluglaze IPO of ₹50.92 cr subscribed 1.90x by Dec 12
HRS Aluglaze Ltd’s ₹50.92 crore IPO on BSE SME was fully subscribed on Day 2, with overall subscription at 1.90x. Retail investors led at 2.70x, NIIs at 1.51x, and QIBs at 1.08x. The issue of 50.29 lakh shares, priced ₹94–96, allocates ₹18.30 crore for a Rajoda assembly line and ₹19 crore for working capital.
read more at Dalal Street Investment Journal