Economy · India
Two IPOs See Mixed Subscription Rates on Opening Day
The Initial Public Offering (IPO) of Adroit Industries was subscribed 5.18 times on its first day of opening. Separately, the IPO for Varmora Granito was subscribed 27% on its opening day. The grey market premium (GMP) for Adroit Industries was reported at 26%.
How outlets across the spectrum covered it
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- Centre (2): Business Standard, The Financial Express