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The Economic Times
The Economic Times
Business
Ritesh Presswala

Technocraft Ventures IPO opens today; GMP signals 5% premium. Should you subscribe?

Technocraft Ventures GMP IPO Anand Rathi

The Rs 251.88 crore Technocraft Ventures IPO opens for subscription today, August 7, and will remain open until August 11. Ahead of its launch, the IPO is commanding an 5% premium in the grey market, reflecting positive investor sentiment.

The issue comprises a fresh issue of 95 lakh shares worth Rs 201.51 crore and an offer for sale (OFS) of 24 lakh shares valued at Rs 50.37 crore.

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