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The Economic Times

Business

Akash Podishetti

Aureate Tradde IPO opens for subscription today. Check GMP, price band and other details

The IPO of Aureate Tradde will open for subscription on Friday, May 29, with grey market signals indicating a muted listing outlook. The SME issue is currently commanding a grey market premium (GMP) of 0%, suggesting no premium over the issue price in the unofficial market ahead of subscription opening.

The IPO is a fixed price issue worth around Rs 27.29 crore and consists entirely of a fresh issue of 38.98 lakh shares. The company has fixed the issue price at Rs 70 per share.

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