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IKIO Lighting IPO: Issue subscribed 6.83 times so far on Day 2; GMP rises further
IKIO Lighting IPO: Issue subscribed 6.83 times so far on Day 2; GMP rises further
The IPO of IKIO Lighting, which closes on June 8, has been subscribed 6.83 times so far, with non-institutional investors leading the heavy bidding. The company's shares are commanding a premium of Rs 118 in the grey market, with listing gains looking increasingly likely.
The IPO of IKIO Lighting, which closes on June 8, has been subscribed 6.83 times so far, with non-institutional investors leading the heavy bidding. The company's shares are commanding a premium of Rs 118 in the grey market, with listing gains looking increasingly likely.