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MARKETS-ECONOMIC TIMES · INDIAN ·

Moneyview IPO Day 3: GMP signals 41% listing premium, issue subscription reaches 31x. Should you apply?

As reported by Markets-Economic Times
The Moneyview IPO was subscribed 31.03 times on the final day of bidding, led by strong NII demand. The IPO’s GMP stood at Rs 14, or 41%, implying an estimated listing price of Rs 48. The Rs 1,091.68 crore issue comprises a Rs 750 crore fresh issue and Rs 341.68 crore OFS.
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