New Delhi, March 23 -- The Rs.400 crore initial public offering (IPO) of GSP Crop Science, which will list tomorrow, March 24 on BSE and NSE witnessed decent demand. The issue was fully subscribed on the final day of bidding.
The issue opened for public subscription on March 16 and closed on March 18. The price band for the IPO was fixed in the range of Rs.304-320 per share.
Ahead of listing on March 24, the grey market premium (GMP) for GSP Crop Science IPO showed muted price. It is currently at Rs.2 on March 23. The current GMP signals that GSP Crop Science IPO listing price is likely to be Rs.322, up just 0.62% from issue price.
The IPO was subscribed 1.64 times by end of Day 3. The retail portion was subscribed 0.42 times, and NII ...
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