Autofurnish are set to make its stock market debut on Friday, with grey market signals indicating muted investor sentiment ahead of listing. According to market trackers, the IPO was commanding a grey market premium (GMP) of 0%, implying no premium over the issue price in the unofficial market.
The BSE SME IPO had opened for subscription between May 21 and May 25, while the allotment was finalised on May 26. The shares are scheduled to list on the BSE SME platform on May 29. The IPO was a fixed price issue aggregating around Rs 14.6 crore and consisted entirely of a fresh issue of 35.61 lakh shares.
