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The Economic Times
The Economic Times
Ritesh Presswala

SS Retail IPO Day 2; GMP at 19%, subscribed 5.78 times; Check key details

SS Retail GMP IPO

On Day 2, the SS Retail IPO was subscribed 5.78 times overall, against the 87.93 lakh shares on offer, as per the NSE data. The issue is drawing market attention; its grey market premium (GMP) currently suggests a potential listing gain of around 19%.

On the first day of bidding, the overall issue was subscribed 1.44 times against the 87.93 lakh shares on offer. Retail Individual Investors (RIIs) showed strong participation, subscribing 2.20 times the 42.38 lakh shares reserved for the category.

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