H.R. Hygiene Products shares to list today on BSE SME. Here’s what GMP suggests
H.R. Hygiene Products is set to debut on the BSE SME platform today after its IPO was subscribed 6.26 times. Ahead of the listing, the grey market premium (GMP) stands at Re 1, indicating a modest 1% listing gain over the upper issue price of Rs 88. The company plans to use the IPO proceeds to set up a new manufacturing facility in Gujarat, repay borrowings and meet general corporate requirements. Investors will also track the company's financial performance and market response after the listin…
