Suraksha Diagnostic IPO Day 3: Will the issue sail through on final day? Check subscription and GMP
Suraksha Diagnostic received tepid response for the first two days with just 25% subscription. The issue will close for bidding today.
One of the main reasons for this subdued show is due to the IPO structure, which is completely an OFS of 1.91 crore shares. This means that the company will not receive any proceeds from the offering and the entire funds will go to the selling shareholders.
Suraksha Diagnostic IPO: GMP today
In line with the poor investor response for the IPO, the GMP of Suraksha Diagnostic is also Rs 0 in the grey markets, which indicates a premium of 0% over the issue price.
Suraksha Diagnostic IPO: Allotment and Listing Date
The share allotment for Suraksha Diagnostic IPO will be finalised on December 4 and the listing is scheduled for December 6.
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