Utkal Speciality Industries India’s IPO opens Wednesday, aiming to raise Rs 34.5 crore with shares priced between Rs 62-66. The SME issue, closing June 12, targets expansion and debt reduction. Despite zero grey market premium, indicating cautious listing expectations, the company shows steady financial growth. Retail investors receive a significant allocation.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets