New Delhi, Sept. 4 -- After the end of bidding on Thursday, focus has shifted to the Deepa Jewellers IPO allotment date, which is most likely today. In three days of bidding, the public issue received a decent response from the primary market investors. According to the Deepa Jewellers IPO subscription status, the book-building issue got subscribed to more than 42 times. The grey market is also bullish on the public issue, and signalling around 10% listing gain for the lucky allottees.

According to market observers, shares of the company are available at a premium of Rs.18 in the grey market today, up around 10% from the upper price band of Rs.177 per equity share. This means Deepa Jewellers' IPO GMP today is Rs.18, signalling a probabil...