IPO GMPs: Orient Cables IPO to German Green Steel IPO | What grey market hints on Day 1?
New Delhi, Sept. 25 -- The primary market is witnessing a busy spell, with four IPOs opening for public subscription on 25 September across the real estate, steel, networking and digital commerce sectors. Together, the issues are looking to raise around Rs.1,776 crore. The IPOs will remain open for subscription until 29 September, making it a packed week for primary-market activity.
On Day 1, the German Green Steel and Power IPO was subscribed 1.23 times so far, while the Orient Cables IPO saw subscription of 1.49 times. The Runwal Enterprises IPO was subscribed 25%, whereas the AceVector IPO received bids for 12% of the shares on offer.
Let's take a look at grey market premium (GMP) trends on Day 1:
Orient Cables IPO GMP today, or gre...
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