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Emmforce Autotech IPO: Issue oversubscribed on day 1 on strong investor interest; check GMP, subscription status, more
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₹93 to ₹98 apiece of face value of ₹10 each. The IPO's lot size comprises of 1,200 shares, where investors could place bids for a minimum limit of 1,200 equity shares.
The IPO has allocated a minimum of 50% of the net issue to Qualified Institutional Buyers (QIBs), 35% of the net issue to retail individual bids, and 15% of the net issue to non-institutional bidders. With the sale of 15.66 lakh equity shares at a price of ₹98 apiece, Emmforce Autotech IPO raised ₹15.34 crore from its anchor investors.
Read more on livemint.comAbout this in other media
Sai Swami Metals & Alloys IPO: Issue oversubscribed on Day 1 led by retail investors; check GMP, other key details livemint.com /4 days ago
Racks & Rollers IPO: Issue fully subscribed on Day 1 on strong retail interest. Check GMP, other key details livemint.com /4 days ago
Emmforce Autotech share price lists with stellar premium of 90%, at ₹186.20 on the BSE SME livemint.com /4 days ago
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