The SME IPO of Ramdevbaba Solvent saw overwhelming demand, with subscriptions reaching 1.39 times within hours of opening on the first day of bidding. In the unlisted market, the company's shares are trading at a Grey Market Premium (GMP) of Rs 20, which is a notable increase compared to the offer price of Rs 80 per share. This indicates strong investor interest and confidence in the company's prospects.
Comments
Post a Comment