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Adroit Industries IPO draws strong demand; Day 2 subscription figures differ

2 sources · first seen 09:07 24 Sept · updated 10:25 25 Sept

The brief

Written from 4 reports · check the source before you trade

Grey-market premium stood at 25%
Day 2 subscription was reported at 5.18 times by Economic Times and over 18 times by Moneycontrol

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Adroit Industries IPO subscription

Adroit Industries’ Rs 150.71-crore IPO had a 25% grey-market premium and 5.18 times subscription on Day 2. By the close, it was subscribed 177 times, with the non-institutional category subscribed 332.35 times.

Thursday, 24 September

09:072 sourcesYou are here
Adroit Industries IPO draws strong demand; Day 2 subscription figures differ

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Read the reports

4 reports · earliest 09:07

Economic TimesAdroit Industries IPO Day 2: GMP at 25%, subscription reaches 5.18 times. Should you subscribe?09:07 MoneycontrolAdroit Industries IPO booked over 18x on Day 2; GMP soars to 25%11:00 Economic TimesAdroit Industries IPO Day 3: GMP at 28%, subscription reaches 18.07 times. Should you subscribe?08:32 MoneycontrolAdroit Industries IPO booked over 22x so far on final day: GMP rises to 28%10:25