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MARKETS-ECONOMIC TIMES · INDIAN ·

Rays of Belief IPO Day 2: GMP holds at 16%; subscription hits 1.18x. Should you apply?

As reported by Markets-Economic Times
Rays of Belief IPO entered its second day of bidding after receiving a healthy response on Day 1, led by retail investors. The issue’s GMP stands at around 16%, signalling positive investor sentiment and expectations of a strong listing, though GMP is not an official indicator of listing gains.
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