The initial public offering (IPO) of Shyam Dhani Industries opened for public subscription on Monday, December 22. The SME IPO is witnessing strong buying interest, while the grey market is indicating the stock can list at a solid premium of about 100%. Meanwhile, Shyam Dhani Industries said it had raised ₹10.92 crore from anchor investors by allocating 15.60 shares at a price of ₹70 per share ahead of the IPO.
Shyam Dhani Industries IPO subscription status
By 2:30 pm on Wednesday, the SME IPO had seen an overall subscription of nearly 803 times, with the retail portion booked 953 times, and the segment reserved for NIIs subscribed to 1,315 times. QIB’s portion was booked 155 times till that time.
+ There are no comments
Add yours