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IPO● Neutral for Indian equities
SRIT India IPO subscribed over 33x so far on Day 3; GMP rises to 27%
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SRIT India’s ₹218.40-crore IPO
SRIT India’s IPO is a fresh issue of 1.68 crore shares. Reports gave differing subscription figures during the issue, while grey-market premium estimates rose from 12–25% to ₹33 and then 27%.
Wednesday, 30 September
- SRIT India IPO subscribed over 33x so far on Day 3; GMP rises to 27%