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MARKETS-ECONOMIC TIMES · INDIAN ·

Sonaselection India IPO Day 3: Check GMP, subscription status and key details

As reported by Markets-Economic Times
Sonaselection India IPO entered its final day of bidding after garnering 90% subscription on Day 2. The issue received bids for 90.52 lakh shares against 1 crore shares on offer, with retail investors subscribing 1.29 times their allotted portion. In the grey market, the IPO is commanding a GMP of around 2%, signalling a modest premium over the issue price, though GMP is unofficial and does not guarantee the listing price.
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