Shivashrit Foods will begin trading on the NSE SME platform on Monday. The IPO price was fixed at Rs 142 per share. The IPO saw overall subscription of 2.89 times. The company intends to use the IPO proceeds for expansion and working capital. Shivashrit Foods manufactures and supplies potato flakes under multiple brands.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets