Gallard Steel IPO set for listing. GMP hints at strong debut after healthy subscription
Gallard Steel is set for its market debut with a strong grey market premium of 38%, indicating a potential listing price of Rs 205-210. The engineered castings manufacturer saw an overwhelming subscription of 375.54 times for its Rs 37.5 crore SME IPO, driven by significant demand from non-institutional and retail investors.
Gallard Steel is set for its market debut with a strong grey market premium of 38%, indicating a potential listing price of Rs 205-210. The engineered castings manufacturer saw an overwhelming subscription of 375.54 times for its Rs 37.5 crore SME IPO, driven by significant demand from non-institutional and retail investors.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
