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The Economic Times
The Economic Times
Business
Akash Podishetti

Sri Priyanka Geo Commex IPO opens for subscription today. Check GMP, price band and other details

IPO

The SME IPO of Sri Priyanka Geo Commex will open for subscription on Wednesday, with muted grey market signals ahead of the issue. The shares commanded a grey market premium (GMP) of 0%, indicating no expected listing gains at the current premium.

The Rs 94.5-crore IPO is entirely a fresh issue of 44.58 lakh equity shares and will close for subscription on June 29. The company has fixed a price band of Rs 207-212 per share. Shares are proposed to be listed on the NSE SME platform on July 2, while the allotment is expected to be finalised on June 30.

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