Economy · India
Multiple IPOs See Allotment, Strong Subscription and Listing Gain Expectations
Several Initial Public Offerings (IPOs) are nearing allotment and listing dates. Technocraft Ventures IPO, oversubscribed 38.69 times, was expected to finalize allotment on August 12, with listing on August 14. Molbio Diagnostics IPO, subscribed 4.91 times, saw its Grey Market Premium (GMP) rise to 17.1%, indicating expected listing gains. LEAP India IPO, subscribed 8.38 times, was also likely to see allotment, with its GMP suggesting an 8.8% listing gain.
How outlets across the spectrum covered it
L 0 C 6 R 0
- Centre (6 votes, 7 outlets): Business Standard, Business Today, Mint, Navbharat Times · The Economic Times (Times Group — 1 vote), The Financial Express, The Hindu BusinessLine