Swasth Foodtech India IPO subscribed nearly 4 times on Day 2: Check GMP, price band and other details
The retail portion of the issue was subscribed by 6.77 times, while the issue was subscribed 1.08 times under the non-institutional investors category. The qualified institutional buyers had not made any bids yet.
Swasth Foodtech India IPO’s GMP on Day 2
Ahead of listing, the company's shares were trading with a GMP of Rs 3 in the unlisted market on Friday, indicating a premium of 3.2% over the upper end of the IPO price band of Rs 94.
Swasth Foodtech India IPO price band
The price band for Swasth Foodtech India's IPO is set at Rs 94 per share. Investors bidding for one lot will be allotted 1,200 shares.
Listing and allotment dates
The company is set to finalise the IPO share allotment process on February 25, with the listing scheduled for February 28.
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