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The Economic Times
The Economic Times
Ritesh Presswala

Karamtara Engineering IPO Day 3: GMP at 27%; check subscription status and key details

Karamtara Engineering IPO

Karamtara Engineering IPO has entered its third and final day of bidding on Friday, with investor interest remaining strong. The latest grey market premium (GMP) is around 27%, signalling positive market sentiment and expectations of a potential listing gain.

On the second day of bidding, the IPO was subscribed 3.61 times, against the 2.54 crore shares offered. The retail investor portion also witnessed healthy demand, with the category subscribed 3.28 times against 1.27 crore shares reserved for retail investors.

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