The Optimystix Entertainment IPO will open for subscription today, August 7, on the NSE SME platform, offering investors an opportunity to participate in the public issue. Ahead of the launch, the company's shares command a grey market premium (GMP) of around 3% over the upper issue price of Rs 175, indicating a positive, though modest, listing outlook.
The IPO comprises a fresh issue of 50 lakh equity shares worth Rs 87.5 crore and an offer for sale (OFS) of 12 lakh shares aggregating to Rs 21 crore, totaling an issue size of Rs 108.5 crore.