Ganesh Green Bharat IPO oversubscribed on second day, retail investors show high interest.
From Hindustan Times.: 2024-07-08 14:02:18
The Ganesh Green Bharat IPO has a price band of ₹181 to ₹190 per share, with a lot size of 600 shares. The company is involved in solar PV module production and other related services. The IPO subscription status is 36.61 times on day 2, with retail investors subscribing 54.94 times. The IPO proceeds will be used for working capital needs and other business objectives. The grey market premium for Ganesh Green Bharat shares is +245, indicating a potential listing price of ₹435 apiece. Lastly, investors are advised to consult with experts before making any investment decisions.
Read more at Hindustan Times.: Ganesh Green Bharat IPO booked over 36x on second day of bidding; retail, NII portion sees huge demand. Check GMP
