Indogulf Cropsciences IPO subscribed 7x by early Monday, led by strong NII and retail demand.
GMP rose to Rs 14, implying a 12.6% listing gain over the Rs 111 upper price band.
IPO closes Jun 30; listing set for July 3, with allotment expected on Jul 1.
Company posted FY24 revenue of Rs 555.79 cr, with 12.2% ROE and plans to expand via IPO proceeds.
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