Sri Lotus Developers IPO subscribed 15.17 times on Day 3. Check what GMP indicates, reviews, other details

Sri Lotus Developers' IPO saw strong investor interest. The IPO was subscribed 15.17 times on its final day. Non-institutional investors led the subscription. Retail investors and qualified institutional buyers also participated. The IPO's grey market premium indicated potential listing gains. The company aimed to raise Rs 792 crore. Proceeds will fund real estate projects and support corporate purposes.