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IPO

Adroit Industries IPO Day 3: GMP at 28%, subscription reaches 18.07 times. Should you subscribe?

Economic Times Markets
Adroit Industries IPO Day 3: GMP at 28%, subscription reaches 18.07 times. Should you subscribe?
Economic Times Markets

On the second day of bidding, the IPO was subscribed 18.07 times overall, with investors placing bids for the 78.72 lakh shares on offer. The retail portion was subscribed 7.24 times, against 39.36 lakh shares reserved for retail investors.

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Source: Economic Times Markets

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