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SRM Contractors IPO which closes today, is a fresh equity sale of 62 lakh shares, where investors can bid for 70 shares in one lot. The stock is currently trading at Rs 110 in the unlisted market as against Rs 40 a few days ago
Vishwas Agri Seeds Solutions SME IPO allotment finalizes on Wednesday. Investors can check IPO status on Bigshare Services.
In line with the investors' demand, the SRM Contractors IPO GMP has also jumped from Rs 40 on Tuesday to Rs 65 currently. About 50% of the offer is reserved for qualified institutional buyers, 15% for non-institutional investors, and the remaining 35% for retail investors.
Yash Optics and Lens IPO is an SME offer wherein the company plans to raise Rs 53 crore. The IPO, which opened today, closes on April 2. It is priced at Rs 75-81 apiece.
The Jammu -based SRM Contractors is selling its shares in the price band of Rs 200-210 apiece. Investors can apply for a minimum of 70 shares and its multiples thereafter.