Diksha Polymers IPO Day 1: GMP, subscription status, price band and other details about SME offer (opens original article in a new tab)

Diksha Polymers IPO opened on 17 June with a fixed price of ₹112 per share, receiving 0.54 times bids on the first day, with both retail and non-institutional portions over 50% subscribed. The company aims to use funds for debt repayment and corporate needs, with allotment on 22 June and listing on 24 June.

• Diksha Polymers IPO opened on 17 June with a fixed price of ₹112 per share.
• The IPO received 0.54 times bids as of 1.08 pm on the first day, with both retail and non-institutional portions over 50% subscribed.
• The company plans to use funds for debt repayment and corporate purposes, with allotment finalised on 22 June and listing on 24 June.