₹145 per share and the issue will remain open for bidding till October 3, 2023. The public offer is proposed for listing on BSE SME exchange and the company aims to raise ₹22.04 crore from this public offer. Sunita Tools IPO has received strong demand from investors as the issue has been oversubscribed so far.
Also Read: Digikore Studios IPO allotment finalised: Here’s how to check application status 1] Sunita Tools IPO GMP: Sunita Tools IPO GMP today, or grey market premium today, has dropped to ₹20 per share. This shows that the shares of the company are available at a premium of ₹20 in the grey market today, say market observers. 2] Sunita Tools IPO Subscription Status: Sunita Tools IPO has been subscribed 8.13 times on Friday, the fourth day of the bidding process so far.
The public issue received bids for 1.17 crore equity shares as against 14.42 lakh shares offered, as per the data available till 3:20 pm. The IPO has been booked 13.40 times in the retail category and 2.83 times in the Non-Institutional Investors' (NII) category. 4] Sunita Tools IPO price: The issue is priced at ₹145 per equity share.
(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) 5] Sunita Tools IPO date: The public issue opened on September 26 and it will close on October 3. 6] Sunita Tools IPO size: The company aims to raise ₹22.04 crore from this public offer. 7] Sunita Tools IPO lot size: A bidder will be able to apply in lots and one lot comprises 1,000 company shares.
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