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The Economic Times
The Economic Times
Ritesh Presswala

Annu Projects IPO Day 2: GMP, subscription status and key details. Should you subscribe?

The Rs 175.06 crore Annu Projects IPO entered its second day of bidding on August 26. The IPO’s grey market premium (GMP) is currently zero, suggesting a potentially flat listing based on prevailing grey-market trends.

On Day 2, the issue was subscribed 47% overall against 1.76 crore shares on offer. The retail portion was subscribed 28%, with 88.41 lakh shares reserved for retail investors.

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