Day 1 of the Jyoti CNC Automation IPO saw a 29% increase in GMP subscriptions.
Within hours of launching on January 9, Jyoti CNC Automation Limited’s Rs 1,000-crore initial public offering (IPO) was fully subscribed. The grey market premium (GMP), which increased by Rs 96, or 29%, above the issue price of Rs 331 on the first day of bidding, was another indication of the excitement among investors. The listing … Read more