Lohia Corp IPO GMP signals over 4% listing gains on July 30; check total subscription and other details
Lohia Corp IPO, July 29 -- The initial public offering (IPO) of Lohia Corp, which was open for subscription from July 23 to 27, received a positive response from investors during its three-day bidding period and is now set to make its stock market debut on Thursday, July 30, on both the BSE and NSE.
Lohia Corp IPO subscription status was 7.25 times on day 3. The issue received overall strong demand from the Street. The strongest demand came from the qualified institutional buyers (QIB) category, which was oversubscribed 9.11 times. Meanwhile, the non-institutional investor (NII) portion was subscribed 6.82 times, while the retail individual investor (RII) segment attracted bids for 2.78 times the shares reserved for the category. Moreove...
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