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.

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.