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The Economic Times
The Economic Times
Business
Ritesh Presswala

Adroit Industries IPO subscribed 176 times on Day 3; GMP at 28%. Check details

IPO GMP NSE

Adroit Industries IPO was subscribed 176.85 times overall on Day 3, with investors placing bids against the 78.72 lakh shares available in the issue, according to NSE data.

The IPO has also been drawing attention in the grey market, with the latest Grey Market Premium (GMP) at 28%, up from 25% earlier, indicating expectations of a premium listing if the grey-market trend holds through the company’s market debut.

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