IPO● Neutral for Indian equities
Runwal Enterprises IPO subscribed 2.5 times; GMP indicates flat listing at ₹305
The brief
- The IPO was subscribed 2.5 times overall
- Latest GMP points to a listing at ₹305, equal to the issue price
- New IPO listings: Discount or premium? AceVector, Runwal, Orient, German Green Steel & Power - Check worst, best debut
- Orient Cables gains on debut as AceVector disappoints; two others open flat
- IPO GMP On Listing Day: Acevector vs Orient Cables vs German Green vs Runwal Enterprises
- Orient Cables leads demand among four IPOs scheduled to list October 5
- Orient Cables, German Green, AceVector and Runwal IPOs close today