Hy-Tech Engineers IPO Day 4: Issue subscribed 68.96x so far. GMP hints 83% listing pop. Apply or not?
New Delhi, Aug. 27 -- The Hy-Tech Engineers IPO entered its final day of bidding on Thursday, 27 August, with the Rs.136-crore public issue witnessing strong investor demand. The initial public offering of hydraulic fitting manufacturer Hy-Tech Engineers opened for subscription on 24 August and will close today.
The issue had already attracted a robust response, with the Hy-Tech Engineers IPO receiving 50.80 times subscription on the third day of bidding on Wednesday, compared with 7.74 times subscription on the opening day.
Hy-Tech Engineers IPO GMP today, or grey market premium, is +44. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Hy-Tech Engineers share pri...
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