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Unlisted shares of Inox India are trading Rs 545 higher in the grey market, which is an 82.58 per cent listing gain from the public issue, InoxCVA IPO: How To Check Allotment Status Today? Know Latest GMP
However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly.
The category reserved for retail investors was subscribed 11.49 times, while the NII portion garnered bids of 32.92 times. The category reserved for the QIB category was subscribed just 9.56 times.
Unlisted shares of Inox India are trading Rs 555 higher in the grey market, which was a 84.09 per cent listing gain from the public issue; InoxCVA IPO Closes Today: Should You Subscribe? Check GMP Today, Subscription Status
Inox India IPO: The price band for the offer, which closes on December 18, has been fixed at Rs 627-660 a share