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The Economic Times
The Economic Times
Business
Akash Podishetti

Shreedhar Spinners IPO: Check GMP, subscription, price band and other details

NSE NSE SME IPO

The IPO of Shreedhar Spinners opened for subscription on Tuesday, with the grey market signalling a muted listing. The company's shares were commanding a grey market premium (GMP) of 0%, indicating no expected listing gains ahead of the issue.

The NSE SME issue will remain open for bidding till June 25. The company aims to raise Rs 30.68 crore through an entirely fresh issue of 57.88 lakh shares. The price band has been fixed at Rs 51-53 per share, and the shares are scheduled to list on the NSE SME platform on July 1.

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