SME IPO: Stanbik Agro issue subscribed just 5% on Day 1 amid muted investor response

Stanbik Agro’s IPO opened on December 12 with a low investor response, subscribing only 5% on Day 1. The company seeks to raise ₹12.28 crore from a fresh issue of 0.41 crore shares priced at ₹30 each for retail investors.

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