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The Economic Times
The Economic Times
Business
Ritesh Presswala

Sonaselection India IPO Day 2: GMP at 7%. Check subscription status and key details

GMP IPO NSE

The Sonaselection India IPO has entered its second day of bidding, with investors having a three-day window to place their bids. In the grey market, the IPO is commanding a GMP of around 7%, pointing to positive market expectations ahead of its stock-market debut.

On Day 1, the issue was subscribed 47% overall, with bids received against the 1 crore shares on offer. The retail segment witnessed stronger participation, with the portion subscribed 77%.

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