IPO▲ Bullish for Indian equities
SRIT India lists at ₹148, up 13.85%; Shah Investor’s Home gains 2.4%
The brief
- SRIT India later traded 19% above its ₹130 issue price
- Shah Investor’s Home debuted at ₹171, a 2.4% premium
- The debut offers an early market signal for investors in both newly listed companies
- IPO GMP Today: SRIT India vs Shah Investor's Home — Which Has Higher Listing Gain Potential?
- Applied for SRIT India IPO? Here’s how to check allotment status, GMP and likely listing price
SRIT India and Shah Investor’s Home IPO listings
SRIT India’s IPO was subscribed 125.16 times, while Shah Investor’s Home received bids for around 14.27 crore shares against 37.39 lakh shares on offer. Both companies listed on October 6, with SRIT India priced at ₹130 per share and Shah Investor’s Home at ₹167 issue price.
Tuesday, 6 October
- SRIT India lists at ₹148, up 13.85%; Shah Investor’s Home gains 2.4%