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The Economic Times
The Economic Times
Akash Podishetti

Harikanta Overseas IPO: Check GMP, price band, subscription, other details

IPO BSE

The SME IPO of Harikanta Overseas will open for subscription on Wednesday, 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 upper end of the price band in the unofficial market.

The BSE SME issue aims to raise around Rs 25.63 crore through an entirely fresh issue of 26.7 lakh shares. The IPO will open for subscription on May 20 and close on May 22. Shares are tentatively scheduled to list on the BSE SME platform on May 27.

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