SME IPO Utkal Specialty share price makes muted debut, lists at ₹66, same as issue price (opens original article in a new tab)

Utkal Specialty made a muted stock market debut, listing at ₹66, same as its issue price, with an IPO subscribed 1.60 times.

• Utkal Specialty's share price listed at ₹66, same as issue price
• IPO was subscribed 1.60 times with retail investors participating 2.10 times
• Company plans to use IPO proceeds for capacity expansion, debt reduction, and working capital