Mamata Machinery IPO subscribed over 22 times on Day 2 so far. Check GMP, review and other details

economictimes.indiatimes.com:

As of 11:10 am, the retail investors had subscribed to the issue by 31.7 times, which was followed by subscriptions from the non-institutional investors (NIIs), who subscribed to the issue by 27 times.

The qualified institutional buyers (QIBs) had subscribed to the offer by 1.5 times.

The issue will be available for bidding till December 23 and the IPO is completely an offer for sale (OFS) worth Rs 179 crore, due to which the proceeds from the offer will go to the selling shareholders.

Mamata Machinery IPO: price band

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