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The Economic Times

Business

Veer Sharma

Deepa Jewellers IPO Day 3: GMP falls to 13%, issue booked 42x

Deepa Jewellers GMP IPO Gold SBI Securities

The Deepa Jewellers IPO witnessed a solid response from investors on Day 3, with the overall issue subscribed 42.61 times against the total offer of 1.85 crore shares.

In the grey market, the issue is commanding a 13% premium, lower than around 25% on Wednesday, signalling slightly cautious investor sentiment.

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