Hy-Tech Engineers IPO opens for subscription today, August 24, giving investors a three-day window to bid for the issue. The big talking point ahead of the opening is the grey market premium (GMP), which currently indicates a potential 47% premium over the IPO issue price—signalling strong expectations for the listing.
The Rs 135.73 crore IPO comprises a fresh issue of 1.13 crore shares worth Rs 60 crore, along with an offer for sale (OFS) of 1.43 crore shares aggregating to Rs 75.73 crore.
