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The Economic Times
The Economic Times
Business
Ritesh Presswala

Swastika Infra IPO Day 3: Issue subscribed 7.6 times; GMP signals 5% premium — Check key details

GMP IPO NSE

The Swastika Infra IPO entered its third and final day of bidding on Friday, September 25, with the issue witnessing decent investor interest. By the end of the subscription, the Swastika Infra IPO was subscribed 7.60 times overall, with bids received against the 63.35 lakh shares available in the issue, showed the NSE data.

In the grey market, the IPO is currently commanding a GMP of around 5%, indicating expectations of a modest premium over the issue price based on the prevailing unofficial market indicator.

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