Hygiene Products is set to announce share allotment results for its initial public offering today, following a subscription period that drew nearly seven times the available shares.
The BSE SME issue opened on July 29 and concluded on July 31, with investors now awaiting confirmation of their allocations.
The allotment process marks the next step for the hygiene products manufacturer as it prepares for listing.
Investors who applied during the three-day window can check their status through the registrar’s portal or their trading accounts once the results are published.
This development adds to a busy week for Indian SME IPOs, with several other issues also finalizing allotments or preparing for listing.
The market has seen varied subscription levels across recent SME offerings, with some issues drawing significant oversubscription while others faced softer demand.