CKK Retail Mart IPO: No Listing Gain, But Shares Surge 5% on Day 1

• CKK Retail Mart IPO listed flat on NSE SME at ₹163, offering no initial listing gain to investors.
• Despite flat listing, the share price rebounded to hit the upper circuit of ₹171.15, closing up 5.00% on its first trading day.
• The ₹88 crore IPO was subscribed 1.63 times, with retail investors showing strong interest at 2.12 times.
• Funds from new shares will be used for warehouse acquisition, repairs, working capital, and general corporate purposes.
• CKK Retail Mart, established in 2005, distributes packaged agri-commodities and has shown consistent financial growth.