Informative

Indian Phosphate IPO booked over 82 times on third bidding day, retail portion sees huge demand; check GMP | Stock Market News

Update / Judgement Date

28 Aug 2024

Source

Livemint

Author

Team — WCP Legal Desk

Reading Time

1 min read

Investment BankingStock Market

The IPO of Indian Phosphate was heavily oversubscribed on its first day, with the retail portion seeing significant demand. The strong interest reflects investor confidence in the company's prospects and the overall market for IPOs. The article also covers the gray market premium (GMP), providing insights into investor expectations and the anticipated performance of the stock.

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Indian Phosphate IPO booked over 82 times on third bidding day, retail portion sees huge demand; check GMP | Stock Market News

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Indian Phosphate IPO booked over 82 times on third bidding day, retail portion sees huge demand; check GMP | Stock Market News

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