International Gemmological Institute IPO subscribed by 1.42 times on day 3. Check GMP, other details
The Rs 4,225 crore issue, comprising fresh equity and an OFS, saw strong demand from retail investors, subscribing 4.07 times. Non-institutional investors (NIIs) followed with 2.27 times subscription, while qualified institutional buyers (QIBs) bid for 9% of their reserved quota.