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The Economic Times

Business

Ritesh Presswala

Varmora Granito IPO Day 3: Check GMP, subscription status and key details

Varmora Granito’s IPO entered its third and final day of bidding on Thursday, September 24, with investor response remaining subdued. The public offer of Varmora Granito was subscribed 1.58 times, with investors placing bids for 5,34,85,762 shares against 3,39,02,899 shares on offer, according to NSE data.

In the grey market, the IPO is currently commanding zero GMP, down sharply from the earlier premium of around 6%, indicating expectations of a flat listing.

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