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The Economic Times

Business

Akash Podishetti

Autofurnish IPO opens today. Check GMP, price band, subscription and other details

The SME IPO of Autofurnish will open for subscription on Thursday, with grey market activity indicating muted sentiment ahead of the issue launch. According to market trackers, the IPO was commanding a grey market premium (GMP) of 0%, suggesting no premium over the issue price in the unofficial market.

The BSE SME issue aims to raise around Rs 14.6 crore through a completely fresh issue of 35.61 lakh shares. The IPO will open for subscription on May 21 and close on May 25. Shares are tentatively scheduled to list on the BSE SME platform on May 29.

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