Four IPOs closing today: All fully subscribed on day 2; check GMP | Will you bid?
Kolkata: The bidding process of as many as four mainboard IPOs are drawing to a close today, September 25, 2029. These are Solarworld Energy Solutions IPO, Jaro Institute of Technology IPO, Seshaasai Technologies IPO and Anand Rathi Share & Stock Brokers IPO. All the news issues have been fully subscribed overall as well as the retail segment indicating investor enthusiasm around them. These four companies are raising Rs 2,498.07 crore cumulatively.
All four IPOs are displaying positive GMP on the morning of September 25, according to investorgain data. However, the point to remember is that Grey Market Premium or GMP is an unofficial indicator. It changes with time and cannot guarantee anything — gain or loss on listing.
Significantly, according to indications, the IPO rush is going to increase. A number of big names such as Tata Capital and LG Electronics are going to bring big new issues around Diwali. Investors are already spoilt for choices to invest in IPOs. This trend will........
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