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The Economic Times

Business

Ritesh Presswala

Rays of Belief IPO Day 2: GMP holds at 16%; subscription hits 1.18x. Should you apply?

Rays of Belief GMP IPO NSE

The Rays of Belief IPO has entered its second day of bidding, with investors having a three-day window to place their bids. The issue already received a healthy response on Day 1, particularly from retail investors.

Adding to the positive sentiment, the IPO commands a Grey Market Premium (GMP) of around 16%, signalling strong investor expectations ahead of its anticipated stock-market debut. While GMP is not an official indicator of listing gains, it offers a glimpse into the current sentiment surrounding the issue.

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Prosecution for Threatening to Cut President's Face Off and Feed It to Stray Dogs Can Go to Jury

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We Got This Covered

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The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Prosecution for Threatening to Cut President's Face Off and Feed It to Stray Dogs Can Go to Jury

Prosecution for Threatening to Cut President's Face Off and Feed It to Stray Dogs Can Go to Jury

U.S. v. Santiago, decided Monday by Judge Chad Meredith (E.D. Ky.), involves this Instagram post: Santiago is being prosecuted for… The post Prosecution for Threatening to Cut President's Face Off and Feed It to Stray Dogs Can Go to Jury appeared first on Reason Magazine.

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