HD Fire Protect IPO Shows 34% GMP on Day 2
The HD Fire Protect IPO entered its second subscription day with a grey market premium (GMP) of 34%, indicating possible listing gains. The Rs 712.31-crore issue was subscribed 4.62 times on Day 1, with retail investors subscribing 3.78 times. The IPO is a full offer for sale (OFS) of 2.63 crore shares, so the company will not receive any proceeds from it.
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