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The Economic Times
The Economic Times
Ritesh Presswala

NSE IPO Day 2: GMP at 8%, subscription reaches 50%. Should you apply?

NSE IPO BSE Yes Securities India Angel One

The Rs 22,569 crore National Stock Exchange of India (NSE) IPO has entered its second day of bidding with steady investor interest. The IPO’s grey market premium (GMP) is currently around 8%, indicating market expectations of a moderate listing gain.

On Day 2, the NSE IPO was subscribed 50% overall against the 8.86 crore shares on offer. The retail portion was subscribed 53% of the 4.41 crore shares reserved for retail investors.

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