BusinessSRIT India IPO Fully Subscribed with 23% GMP Gain Expected
SRIT India's Rs 218.40 crore IPO was fully subscribed on the first day, with total demand matching the shares offered by 5 PM Tuesday. The grey market premium (GMP) stood at Rs 30 per share, indicating a potential 23% gain on listing day. Retail investors showed strong demand, subscribing 1.58 times, while non-institutional investors subscribed 0.88 times. Qualified institutional buyers showed limited interest.
NDTV Business·3h ago



