Landmark Cars IPO’s quota reserved for RIIs attracted bids for 16,77,737 shares, which was 17% of the 40,09,355 shares reserved for the category. The quota reserved for NIIs was subscribed 87% while that for QIBs by 9%
Landmark Cars was commanding a GMP of Rs 54 last week, but last heard that has fallen into the red territory (down Rs 5) today. The IPO commanded a GMP of Rs 7 on Wednesday, Rs 11 on Tuesday and Rs 30 on Monday
Landmark Cars IPO: The public issue consisted of a fresh issue of equity shares aggregating to Rs 150 crore and an offer-for-sale (OFS) of up to Rs 402 crore.
Sula Vineyards was commanding a grey market discount of Re 1, off from Rs 30-40 levels, it was quoting at recently. Sula, whose IPO will conclude on Wednesday, received 85 per cent bids so far on the Day 3 of the bidding process